Tenneco Clean Air India IPO
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Tenneco Clean Air India IPO details
Schedule of Tenneco Clean Air India
| Issue open date | 12 Nov 2025 |
| Issue close date | 14 Nov 2025 |
| UPI mandate deadline | 14 Nov 2025 (5 PM) |
| Allotment finalization | 17 Nov 2025 |
| Refund initiation | 18 Nov 2025 |
| Share credit | 18 Nov 2025 |
| Listing date | 19 Nov 2025 |
| Mandate end date | 29 Nov 2025 |
| Lock-in end date for anchor investors (50%) | 17 Dec 2025 |
| Lock-in end date for anchor investors (remaining) | 15 Feb 2026 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Tenneco Clean Air India
Incorporated in 2018, TCAIL is a leading manufacturer and supplier of advanced emission control systems and related automotive components in India, catering to both original equipment manufacturers (OEMs) and aftermarkets. The company focuses on critical clean air, emission control and performance systems like exhausts, shock absorbers and ignition systems, supporting major automakers in meeting BS-VI norms and improving vehicle performance.
Part of the global Tenneco Group, the company operates 12 manufacturing facilities across India and holds significant market share (60%) in commercial vehicle OEMs and 42% in off-highway vehicles excluding tractors, while also ranking the top 4 suppliers in the passenger vehicle segment, highlighting its strong and diversified presence across India’s automotive ecosystem.
Financials of Tenneco Clean Air India
Issue size
| Category | Funds Raised (₹ crores) |
| Total issue size | 3600 |
| Offer for sale – Proceeds go to the existing investors | 3600 |
Strengths
- Growth driven by R&D, emission compliance and long-standing client relationships
- Strong position in the CV, OH and PV segments
- Leading supplier of critical, highly engineered and technology-intensive clean air solutions
- Manufacturing facilities are located strategically across India, ensuring supply chain efficiencies
- Backed by global clean air tech leader Tenneco Group, Diversified OEM Portfolio
- Consistent positive operating cash flows and profit growth over recent years
Risks
- Heavy dependence on a few customers for revenue generation, with the top 10 contributing to 80% of total sales
- Business is closely tied to emission standards and regulatory policy
- High Reliance on Indian PV and CV OEMs (over 80% of revenue) exposes the company to demand shifts and sectoral changes
- Shift towards EVs could reduce long-term demand
- Disruption in the raw material supply chain
Allotment Status for Tenneco Clean Air India
To check your IPO allotment status:
- Visit the MUFG Intime India IPO Application Status page.
- Select the company name from the dropdown menu.
- Select and enter one of the following: PAN, Application Number, DP/Client ID, or Account Number/IFSC.
- Click Submit to view your allotment status.