Sharescart Research Club logo
Products
Research
Tools
About
ChatGPT Claude Perplexity
Summarize with
ChatGPT Claude Perplexity
Join Channel
Apollo Green₹ 72 (28.6%)ASK Investment₹ 895 (-3.2%)AVPL ₹ 49 (0%)Bootes Impex₹ 775 (-8.8%)CIAL ₹ 442 (-0.5%)CSK ₹ 254 (-3.1%)ESDS Software₹ 478 (2.8%)Garuda Aerospace₹ 468 (-2.1%)Goodluck Defence₹ 385 (16%)Hero Motors₹ 325 (0%)Hinduja Leyland₹ 248 (0%)ICL Fincorp₹ 25 (0%)Incred Holdings₹ 154 (2.7%)Kineco Limited₹ 3285 (0%)Lava ₹ 60 (15.4%)Market Simplified₹ 26 (-7.1%)Matrix Gas₹ 12 (-20%)Motilal Oswal₹ 12.25 (-2%)MSEI ₹ 6.35 (-2.3%)NCDEX ₹ 368 (-1.6%)NSE ₹ 1985 (-2%)Onix Renewable₹ 68 (21.4%)OYO ₹ 23 (-4.2%)OYO Assets₹ 9.25 (-7%)Philips India₹ 1250 (0%)Polymatech Electronics₹ 56 (-3.4%)SBI Mutual₹ 768 (-0.9%)Taparia Tools₹ 6050 (0%)VCI Chemical₹ 64 (0%)Zepto ₹ 40 (-4.8%)

15 Days Price Change

Tenneco Clean Air IPO

Closing In

  • days
  • Hours
  • Minutes
  • Seconds

WEBSITE Inc. Year: 2018 Industry: Auto Ancillary Listed Page

Profile
Issue Size 2646.67 Cr
Profile
Price Range 378  to  397 per share
Profile
Min Investment ₹397
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus
Invest Before the IPO Goes Live

Buy unlisted shares early and participate in the growth before public listing.

Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

We are part of the Tenneco Group, a U.S. headquartered key global Tier I automotive component supplier (Source:CRISIL Report). Tenneco Group generated US$16,777 million in revenue in the year ended December 31, 2024.Our first manufacturing plant in India was established in 1979 at Parwanoo. We manufacture and supply critical,highly engineered and technology intensive clean air, powertrain and suspension solutions tailored for IndianOEMs and export markets. Our customer base spans across OEMs who use our products in: (i) passenger vehicles(“PVs”), (ii) commercial vehicles (“CVs”), which comprises commercial trucks (“CTs”) and off-highwayvehicles (“OHs”), and (iii) industrial and other applications, which comprises generator sets, small commercialvehicles with gross vehicle weight of less than 3.5 tons, two wheelers and three wheelers (“Industrial/Others”).We also sell to the aftermarket primarily through Motocare India Private Limited (“Motocare”), a subsidiary ofTenneco LLC and our Group Company. Read More

Basic Info

Face Value 10 per share

Price 378  to  397 per share

P/E (x) 29

Sales( Cr.) 4890

PAT( Cr.) 553

EPS 13.7

Draft Prospectus

Exchange BSE-NSE

Promoter

Company Promoters

Tenneco Mauritius Holdings Ltd. Tenneco (Mauritius) Ltd. Federal-Mogul Investments B.V. Federal-Mogul Pty Ltd Tenneco LLC

Pre Issue Share Holding 100%

Post Issue Share Holding 74.79%

Listing Details:

Listing Price: 498

Listing Gain: 20.28%

Current Price: 588.3

Gain On Issue: 588.3 | 0%

GMP: 104

GMP %: 26.2 %

IPO Tentative Timetable

Opening Date Nov 12, 2025
Closing Date Nov 14, 2025
Allotment Nov 17, 2025
Refund Nov 18, 2025
Delivery of Shares Nov 18, 2025
Listing Date Nov 19, 2025

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 37 14,689
Retail (Max) 13 481 190,957
S-HNI (Min) 14 518 205,646
S-HNI (Max) 68 2516 998,852
B-HNI (Min) 69 2553 1,013,541

Objective of the Issue

(i) to carry out the Offer for Sale of up to [?] Equity Shares of face value of ? 10 each by the Promoter Selling Shareholder aggregating up to ? 36,000.00 million(ii) achieve the benefits of listing the Equity Shares on the Stock Exchanges.

Issue

Category Nos Bid Bid (x)
QIB 19047617 3169844427 166.4x
NII 14285715 582017659 40.7x
Retail 33333334 170275665 5.1x
EMP 0 0 0x
Total 66666666 3922137751 58.8x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Tenneco Clean Air Profit & Loss

#(Fig in Cr.) Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 4827 5468 4890
Other Income 61 70 43
Total Income 4888 5537 4933
Total Expenditure 4258 4856 4077
Operating Profit 630 682 856
Interest 22 25 20
Depreciation 101 104 103
Exceptional Income / Expenses 0 0 0
Profit Before Tax 508 553 733
Provision for Tax 127 136 180
Profit After Tax 381 417 553
Adjustments 0 -0 -1
Profit After Adjustments 381 417 552
Adjusted Earnings Per Share 12.2 19.5 13.7

Tenneco Clean Air Balance Sheet

#(Fig in Cr.) Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 1208 980 1610
Minority's Interest 1 1 2
Borrowings 0 0 0
Other Non-Current Liabilities 42 40 47
Total Current Liabilities 1170 1103 1149
Total Liabilities 2421 2124 2810
Fixed Assets 631 608 582
Other Non-Current Assets 329 333 900
Total Current Assets 1462 1184 1327
Total Assets 2421 2124 2810

Tenneco Clean Air Cash Flow

#(Fig in Cr.) Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 281 411 183
Cash Flow from Operating Activities 538 488 562
Cash Flow from Investing Activities -13 -30 -27
Cash Flow from Financing Activities -394 -686 -433
Net Cash Inflow / Outflow 130 -228 103
Closing Cash & Cash Equivalent 411 183 286

Tenneco Clean Air Ratios

# Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 12.16 19.46 13.68
CEPS(Rs) 15.38 24.31 16.26
DPS(Rs) 3.12 8.97 11.23
Book NAV/Share(Rs) 32.5 36.92 39.89
Core EBITDA Margin(%) 11.8 11.19 16.63
EBIT Margin(%) 10.96 10.58 15.4
Pre Tax Margin(%) 10.52 10.12 14.98
PAT Margin (%) 7.89 7.62 11.31
Cash Profit Margin (%) 9.98 9.52 13.42
ROA(%) 15.74 18.34 22.42
ROE(%) 37.41 46.08 46.09
ROCE(%) 41.55 50.24 56.02
Receivable days 42.58 37.48 46.54
Inventory Days 29.86 24.17 22.65
Payable days 94.93 82.87 97.2
PER(x) 0 0 0
Price/Book(x) 0 0 0
Dividend Yield(%) 0 0 0
EV/Net Sales(x) -0.01 0.01 0.03
EV/Core EBITDA(x) -0.05 0.12 0.2
Net Sales Growth(%) 0 13.26 -10.56
EBIT Growth(%) 0 9.25 30.23
PAT Growth(%) 0 9.38 32.72
EPS Growth(%) 0 60.06 -29.72
Debt/Equity(x) 0.06 0.06 0.03
Current Ratio(x) 1.25 1.07 1.15
Quick Ratio(x) 0.91 0.77 0.91
Interest Cover(x) 24.55 22.98 37.16
Total Debt/Mcap(x) 0 0 0

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -11% 0% 0% 0%
Operating Profit CAGR 26% 0% 0% 0%
PAT CAGR 33% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR NA% NA% NA% NA%
ROE Average 46% 43% 43% 43%
ROCE Average 56% 49% 49% 49%

Company Contact Information

Tenneco Clean Air India Ltd.

Roopali Singh

+91 124 4784 530

TennecoIndiaInvestors@tenneco.com

Rns2, Nissan Supplier Park Sipcot Industrial Park Oragadam Industrial Corridor Sriperumbudur Taluka

IPO Lead Manager(s)

Tenneco Clean Air India Ltd.

JM Financial Ltd.

Citigroup Global Markets India Pvt Ltd.

Axis Capital Ltd.

HSBC Securities and Capital Markets (India) Pvt Ltd.

Registrar Info

Tenneco Clean Air India Ltd.

MUFG Intime India Pvt Ltd.

C-101, 1st Floor, 247 Park, Lal Bahadur Shastri Marg, Vikhroli (West), Mumbai Mumbai City Maharashtra 400083

rnt.helpdesk@in.mpms.mufg.com

https://in.mpms.mufg.com/

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

Wealth Icon
Don’t Miss Out on Unlisted Shares

Open your account today and gain instant access to top unlisted shares and pre-IPO opportunities.

whatsapp

Error!