Tenneco IPO final verdict | Tenneco clean air IPO GMP | Tenneco vs Fujiyama IPO comparison
Follow for more real-time updates: ▶️ Join our FREE telegram channel One can join with link below or search "moneycreatesmoney" in telegram https://t.me/moneycreatesmoney ▶️ Follow me on Twitter: https://twitter.com/nakulvibhor?s=09 In today’s detailed analysis, we decode one of the most awaited listings — Tenneco Clean Air IPO, and pit it head-to-head against Fujiyama Power IPO to find out which one looks stronger for investors in both short-term listing gains and long-term wealth creation. Tenneco Clean Air Limited, a global leader in automotive emission control and exhaust systems, is coming up with its IPO to strengthen its financial base and expand its clean air technology business. The company’s solutions are aligned with the future of mobility — cleaner, more efficient, and sustainable. Let’s dive deep into all IPO specifics, GMP trends, valuations, and expert verdicts. 📌 Tenneco Clean Air IPO Details Company Name: Tenneco Clean Air India Limited Industry: Auto Components / Emission Control Systems IPO Type: Mainboard Issue Size: Approx. ₹550 crore (Fresh Issue + OFS) Price Band: ₹450 – ₹475 per share (expected) Lot Size: 30 shares Minimum Investment: ₹14,250 IPO Opening Date: November 14, 2025 IPO Closing Date: November 18, 2025 Allotment Date: November 19, 2025 Listing Date: November 21, 2025 Exchange: NSE & BSE 🏭 Company Overview Tenneco Clean Air is part of the global Tenneco group, a leading name in automotive technology solutions for emission reduction, performance improvement, and sustainability. The Indian subsidiary focuses on exhaust systems, catalytic converters, mufflers, and after-treatment systems. With operations spanning major OEM clients like Maruti Suzuki, Tata Motors, Mahindra, Hyundai, and Toyota, Tenneco India holds a strong presence in the automotive clean air segment. The company is strategically positioned to benefit from the transition to BS-VI norms, EV hybrid components, and global clean-tech regulations. Its manufacturing base and technology edge make it a crucial supplier in India’s evolving automotive ecosystem. 💰 Financial Highlights (FY22–FY25) Revenue: ₹2,850 crore (FY25) vs ₹2,380 crore (FY23) EBITDA: ₹380 crore (FY25) Net Profit: ₹160 crore (FY25) PAT Margin: 5.6% ROE: 16.8% Debt-to-Equity: 0.45x Consistent revenue growth, improved operating margin, and controlled leverage make Tenneco’s financials quite attractive for a manufacturing-led IPO. 🔥 Grey Market Premium (GMP) Update Tenneco Clean Air IPO GMP: ₹75 – ₹85 (as of latest update) Expected Listing Gain: ~15–18% over the issue price The GMP indicates moderate optimism among investors, hinting at a steady but not overly speculative listing. ⚔️ Tenneco vs Fujiyama IPO Comparison Parameter Tenneco Clean Air Fujiyama Power Sector Auto Components EV Manufacturing Issue Size ₹550 Cr ₹115 Cr Price Band ₹450–475 ₹280–295 Revenue (FY25) ₹2,850 Cr ₹780 Cr Net Profit (FY25) ₹160 Cr ₹68 Cr GMP Range ₹75–₹85 ₹90–₹100 Expected Listing Gain 15–18% 25–30% Valuation (P/E) 21x 26x Focus Emission Control & Exhaust Tech EV Charging & Energy Storage While Fujiyama Power gains attention for its EV focus, Tenneco Clean Air offers a more established and stable business model with global backing and consistent profitability. Tenneco’s business model benefits from stringent emission norms, rising hybrid vehicle adoption, and demand for advanced exhaust technologies. The company’s consistent client base and strong balance sheet offer a stable outlook compared to newer entrants like Fujiyama Power. 📊 Investment Rationale ✅ Proven track record with global OEMs ✅ Growing focus on sustainability and clean energy mobility ✅ Increasing revenue and profitability trend ✅ Potential beneficiary of India’s auto sector recovery ✅ Backing of a reputed global brand (Tenneco Inc.) ⚠️ Key Risks to Watch ❌ Dependence on the cyclical auto industry ❌ Margin pressure due to raw material cost volatility ❌ Technology shift toward full EVs may reduce demand for exhaust systems over time ❌ Limited retail float post listing due to institutional holding 📈 Final Thoughts The Tenneco Clean Air IPO represents a balance of stability and future potential. While Fujiyama Power’s story is high-growth and riskier, Tenneco offers a solid, globally-backed, and proven business in a niche that continues to evolve. For investors seeking moderate listing gains and solid fundamentals, this IPO looks like a worthwhile addition to a diversified portfolio. 💬 What’s Your Take? Do you prefer the steady growth story of Tenneco or the high-volatility EV play of Fujiyama Power? Comment below and share your views! #TennecoIPO #TennecoCleanAirIPO #TennecovsFujiyama #TennecoIPOReview #TennecoIPOGMP #TennecoFinalVerdict #FujiyamaIPO #UpcomingIPO #MainboardIPO #AutoSectorIPO #EVstocks #StockMarketIndia #IPOAnalysis #VibhorVarshney #StockMarketNews #IPOListingGains #TennecoIndia #TennecoIPOAllotment #TennecoCleanAir #FujiyamaPowerIPO #MarketAnalysis #IPOUpdates #StockMarket
