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IPO Detail

Tenneco Clean Air India Limited

MAINBOARD

NSE, BSE · Automotive Emission Control Systems

ListedAllotment Out
How to Apply

Not investment advice. Read RHP before applying.

Price Band

₹290 – ₹305

GMP (Indicative)

Unofficial · not guaranteed

Lot Size

49 shares

Status

Listed

Open Date

2025-03-04

Close Date

2025-03-06

Listing Date

2025-03-11

Min. Investment

₹14,945

Overview

About the Company

Tenneco Clean Air India Limited manufactures automotive exhaust systems, catalytic converters, mufflers, and emission control components for passenger vehicles, commercial vehicles, and two-wheelers, supplying to major Indian and global OEMs.

New to IPO analysis? You may review our structured guides on how IPO allotment works and IPO subscription meaning to better understand demand and allocation mechanics.

Issue

IPO Issue Details

Issue Price

₹290 – ₹305

Face Value

₹10

Issue Size

900.0

Fresh Issue

0.0

Listing At

Lead Manager

Axis Capital Limited, HSBC Securities and Capital Markets (India) Private Limited

Registrar

KFin Technologies Limited

Lot Size

49

For category-wise quota breakdown such as QIB, HNI, and Retail allocation, refer to our IPO quota structure explanation.

Milestones

Timeline

Open Date2025-03-04
Close Date2025-03-06
Allotment Date2025-03-10
Refund Date
Listing Date2025-03-11

If you are tracking GMP alongside subscription demand, see our grey market premium guide for a structured comparison framework.

Subscription

Live Subscription Details

Latest
QIB: 30.1x
NII: 14.2x
sNII: x
bNII: x
Retail: 3.2x
Total: 12.5x

Subscription Progress

QIB30.1x
NII14.2x
sNIIx
bNIIx
Retail3.2x

Subscription data sourced from exchange updates. Values represent times subscribed (x).

Learn how subscription categories are allocated by reading our guide on QIB, HNI and Retail IPO quota structure.

If you are tracking GMP alongside subscription demand, see our grey market premium guide for a structured comparison framework.

Allotment Probability Calculator

SEBI-compliant allotment prediction based on live subscription data.

1 LotMax 13 (₹2L Limit)

Chance of Allotment

31.3%

The Retail category is oversubscribed by 3.20x. Under SEBI rules, allotment is done via a draw of lots (lottery). Every successful applicant gets a maximum of 1 lot, regardless of how many lots they applied for.

GMP (Grey Market Premium)

GMP Overview

Updated —

High ·Low

Issue price comparison unavailable

GMP is unofficial and indicative only. It does not guarantee listing price or returns.

GMP is unofficial and indicative. To understand interpretation logic and limitations, read our IPO Grey Market Guide or begin with what IPO GMP means.

Trend

GMP Trend

No GMP data yet. Updates will appear once available.

Investment

Market Lot Details

Retail (Min)
Lots: 1
Shares: 49
Amount: ₹14,945
Retail (Max)
Lots: 13
Shares: 637
Amount: ₹1,94,285
sNII (Min)
Lots: 14
Shares: 686
Amount: ₹2,09,230
sNII (Max)
Lots: 66
Shares: 3234
Amount: ₹9,86,370
bNII (Min)
Lots: 67
Shares: 3283
Amount: ₹10,01,315
bNII (Max)
Lots:
Shares:
Amount:

Investors can bid in multiples of the lot size. Final investment depends on the cutoff price.

Allocation

Reservation Details

QIB

50%

NII

15%

RII

35%

Employee

Issue Summary

Objectives of Issue

Entirely OFS by Tenneco Inc. (global parent) and promoter entities.

Financials

Key Financial Metrics

EPS Pre IPO

EPS Post IPO

P/E Pre

P/E Post

ROCE

Debt / Equity

PAT Margin

Market Cap

Financial figures sourced from official offer documents. Always verify with the RHP.

Ownership

Promoter Holdings

Pre Issue

100%

Post Issue

75%

Contacts

Company & Registrar Details

Company Address: Mathur Industrial Area, Ponneri, Chennai, Tamil Nadu 601201

Phone:

Email:

Website: https://www.tenneco.com/india


Registrar: KFin Technologies Limited

Registrar Phone: +91-40-6716-2222

Registrar Email:

Registrar Website: https://ris.kfintech.com

Documents

Important Links

DRHP

RHP

Allotment Status

Performance

Listing Performance

Listing Exchange

NSE, BSE

Listing Price

₹350

Listing Gain

14.75%

Application

How to Apply

01

UPI Method (ASBA)

Log in to your broker's app or net banking, navigate to the IPO section, select this IPO, enter lot quantity, and authorise via UPI mandate. Funds are blocked, not debited, until allotment.

02

ASBA via Net Banking

Log in to your bank's net banking portal, go to the IPO / ASBA section, fill in the bid details, and submit. Your bank will block the required amount automatically.

03

Allotment & Refund

Allotment status is typically available within 6 days of the IPO close date. Refunds for unallotted bids are credited within 2 working days post allotment.

You may also review the complete IPO allotment process explanation to understand lottery mechanics and refund timelines.

Qualitative Factors

Strengths & Risks

Company Strengths

Global Tenneco technology and R&D backing; OEM supplier to leading auto makers; BS-VI emission norms compliance growth; expanding product portfolio.

Company Risks

EV transition risk for traditional ICE emission components; customer concentration in auto OEMs; global Tenneco parent financial situation.

Legal Disclaimer

Information is sourced from publicly available exchange filings and company offer documents. GMP is unofficial and indicative. IPOCraft does not provide investment advice.

Research Before You Apply

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