Tenneco Clean Air India Ltd. IPO
Tenneco Clean Air India Limited is part of the Tenneco Group, a leading U.S.-headquartered Tier-I automotive component supplier. The Tenneco Group recorded revenues of US $16,777 million in 2024, serving global OEMs with advanced clean air, powertrain, and suspension technologies.
The company established its first manufacturing facility in India in 1979 at Parwanoo and has since evolved into a key player in India’s automotive components sector, supplying highly engineered, technology-intensive solutions for both Indian and international markets.
Tenneco Clean Air India manufactures and supplies Clean Air, Powertrain, and Advanced Ride Technology solutions for major OEMs across:
a) Passenger Vehicles (PV)
b) Commercial Vehicles (CVs) — including trucks and off-highway vehicles
c) Industrial and other applications — such as gensets, small CVs, two- and three-wheelers
Tenneco Clean Air India acts as a production and export hub for the Tenneco Group’s markets in North America, Europe, APAC, and Africa, exporting to over 20 countries including the U.S., U.K., Germany, Brazil, China, Japan, and South Korea.
Divisions and Product Portfolio
1. Clean Air & Powertrain Solutions: Exhaust after-treatment systems (catalytic converters, mufflers, exhaust pipes), Powertrain: Engine bearings, sealing systems, and ignition products under the Champion brand.
2. Advanced Ride Technologies: Shock absorbers, struts, and advanced suspension systems under the Monroe brand for both ICE and EV platforms
Key Strengths
Tenneco Clean Air India benefits from:
i) Long-standing relationships with leading Indian OEMs
ii) Access to Tenneco Group’s global R&D and proprietary technologies
iii) Strong engineering and end-to-end manufacturing capability in India
iv) High operational efficiency through modular production and shared assets
v) Commitment to quality, innovation, and cost optimization
Customers
In FY 2025, Tenneco Clean Air India served 119 OEM customers, including all top 7 PV and top 5 CV manufacturers in India. Key customers include:
Maruti Suzuki, Tata Motors, Mahindra & Mahindra, Hyundai, Toyota Kirloskar, Honda, Ashok Leyland, Bajaj Auto, Royal Enfield, Cummins, John Deere, and VE Commercial Vehicles.
The company enjoys average customer relationships of 19 years, reflecting strong trust and technical collaboration
Objects of the Tenneco Clean Air India Ltd. IPO:
Tenneco Clean Air India Ltd. IPO Details:
| Open Date: | Nov 12 2025 |
| Close Date: | Nov 14 2025 |
| Total Shares: | 9,06,80,101 |
| Face Value: | ₹ 10 Per Equity Share |
| Issue Type: | Book Building |
| Issue Size: | 3600 Cr. |
| Lot Size: | 37 Shares |
| Issue Price: | ₹ 378 - 397 Per Equity Share |
| Listing At: | NSE,BSE |
| Listing Date: | Nov 19 2025 |
Promoters And Management:
Financials of Tenneco Clean Air India Ltd. IPO:
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