Tenneco Clean Air India, the Indian affiliate of the leading US-based automobile components firm Tenneco, has officially declared its first public offering (IPO). The IPO is designed to raise capital of ₹3,600 crore, and the event is significant in the Indian auto parts industry as it is a sign of the strategic interests of the company in the local and export markets.

IPO details and operational footprint

The price band that has been fixed during the initial public offering is ₹378 to 397 per equity share. The face value of each of these shares is ₹10. As far as the timeline is concerned, IPO will open for subscription on November 12 and will close two days later on November 14, 2025.

The whole matter of ₹3,600 crore is built as an Offer for Sale (OFS). This implies that the full capital as being raised will be in the hands of the promoter, Tenneco Mauritius Holdings Limited, and will not inject much fresh capital into the Indian operating entity.

Tenneco Clean Air India is a company that focuses on producing several major automotive solutions. The company manufactures clean air, powertrain, and suspension solutions. These are sold as products to Indian original equipment manufacturers (OEM) as well as to international export markets.

The company has a strong presence in India in terms of operations. It has 12 manufacturing plants and two exclusive Research and Development (R&D) centers that are strategically placed close to the primary automotive centers in the country. These are the major markets such as Maharashtra, Tamil Nadu, the National Capital Region (NCR), and Gujarat. Tenneco has a long history in Indian manufacturing that goes back decades.

Core focus and market presence

Tenneco Clean Air India has proven itself as an essential player in the Indian domestic automotive ecosystem. The company is already serving all seven largest passenger vehicle OEMs and all five largest commercial vehicle OEMs in operation in India. This mass customer base underscores its entrenchment in the chain of supply of the automotive giants of the nation.

Although exports, at present, represent a smaller part of the overall revenue of the company, there is a definite strategy vision: Tenneco expects to make India one of the main hubs of its exporting activities. This objective implies that it would expand the production capacity and place more emphasis on using its Indian facilities to cater to the needs of the global market in the future.

The company is especially concerned with its main emphasis on the solution of clean air, which is especially pertinent in the context of the increased-emission standards and the increased importance of a sustainable approach in the global car market. Such positioning places Tenneco Clean Air India at the center of the technology transition that the local and export OEMs need.

Conclusion

Tenneco Clean Air India has declared an IPO worth ₹3,600 crore that will open on November 12 and close on November 14, 2025, and the price per share will be ₹378 to ₹397. The matter is purely an Offer of Sale by the promoter, Tenneco Mauritius Holdings Limited. The company operates 12 manufacturing facilities and two R&D centers located in India and focuses on clean air, powertrain, and suspension solutions, providing them to the top 7 passenger car and top 5 commercial car OEMs in the country. Having a vast domestic market coverage and a long-term vision of turning India into a key global export destination, the IPO reiterates the position of the company and its future expansion plans in the Indian auto parts industry.