Tenneco Clean Ipo
Tenneco Clean Air IPO Review & Key Points
Review: May Apply
Capital Market Rating: 47
Rating: 4
Objects of the Issue & Utilisation of proceeds
NA
IPO Lead Managers aka Merchant Bankers
JM Financial Ltd.
Citigroup Global Markets India Pvt. Ltd.
Axis Bank Ltd.
HSBC Securities & Capital Markets (India) Pvt.Ltd.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 37 | ₹14,689 |
| Retail Maximum | 13 | 481 | ₹1,90,957 |
| S-HNI Minimum | 14 | 518 | ₹2,05,646 |
| S-HNI Maximum | 68 | 2,516 | ₹9,98,852 |
| B-HNI Minimum | 69 | 2,553 | ₹10,13,541 |
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | 2,72,04,030 Shares | 30% |
| QIB (Ex. Anchor) | 1,81,36,020 Shares | 20% |
| NII Shares Offered | 1,36,02,015 Shares | 15% |
| Retail Shares Offered | 3,17,38,035 Shares | 35% |
| Anchor Bidding Date | November 11, 2025 |
| Anchor Investors List | |
| Shares Offered | 2,72,04,030 Shares |
| Anchor Size | ₹1,080.00 Cr. |
| lock-in period end date 50% shares (30 Days) | December 17, 2025 |
| lock-in period end date 50% shares (90 Days) | February 15, 2026 |
| IPO Open Date: | November 12, 2025 |
| IPO Close Date: | November 14, 2025 |
| Basis of Allotment: | November 17, 2025 |
| Refunds: | November 18, 2025 |
| Credit to Demat Account: | November 18, 2025 |
| IPO Listing Date: | November 19, 2025 |
| IPO Bidding Cut-off Time: | November 14, 2025 – 5 PM |
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 40,36,04,309 | 100.00% |
| Promoter Holding Post Issue | 40,36,04,309 | -% |
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹4,886.96 | ₹4379.21 | ₹381.04 | ₹2,429.65 |
| 2024 | ₹5,537.39 | ₹4984.28 | ₹416.79 | ₹2,136.26 |
| 2025 | ₹4,931.45 | ₹4198.63 | ₹553.14 | ₹2,831.58 |
| June 2025 | ₹1,316.43 | ₹1,089.21 | ₹168.09 | ₹2,918.77 |
| KPI | Values |
| ROE: | 42.65% |
| ROCE: | 56.78% |
| EBITDA Margin: | 16.67% |
| PAT Margin: | 11.31% |
| Debt to equity ratio: | (0.17) |
| Earning Per Share (EPS): | ₹13.68 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 46.65% |
| Net Asset Value (NAV): | ₹31.10 |
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Bosch Ltd | 683.25 | 46.21 | 15.56% | 4,683.48 | ₹18,087.40 Cr. |
| Timken India Ltd | 59.48 | 54.61 | 17.00% | 378.21 | ₹3,147.81 Cr. |
| SKF India Ltd | 114.50 | 40.20 | 21.43% | 525.50 | ₹4,919.90 Cr. |
| ZF Commercial Vehicle Control System India Ltd | 242.90 | 53.71 | 15.35% | 1,694.75 | ₹3,830.96 Cr. |
| Sharda Motor Industries Ltd | 109.71 | 16.92 | 30.46% | 369.92 | ₹2,836.57 Cr. |
| Gabriel India Ltd | 17.05 | 34.73 | 22.42% | 82.38 | ₹4,063.38 Cr. |
| Uno Minda Ltd | 16.42 | 64.51 | 17.66% | 99.75 | ₹16,774.61 Cr. |
| Sona BLW Precision Forgings Ltd | 9.92 | 48.12 | 14.76% | 88.38 | ₹3,546.02 Cr. |
| IPO Open Date | November 12, 2025 |
| IPO Close Date | November 14, 2025 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹378 to ₹397 Per Share |
| Issue Size | Approx ₹3,600 Crores |
| Offer for Sale: | Approx 9,06,80,101 Equity Shares |
| Issue Type | Book Built Issue |
| IPO Listing | BSE, NSE |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |