By Admin 
Teneco Clean Air India Ltd. soon in the market. She is bringing her IPO. The company making automotive component has submitted a draft for the IPO with SEBI and wants to raise Rs 3000 crore from it. It has a total of 12 manufacturing plots in the country and has served 119 customers during the financial year 2024-25, including the top 5 OEMs making commercial trucks and the top 7 OEM of India who makes passenger vehicles.
IPO will be released soon
Draft on behalf of the company, in the Red Herring Prospectus i.e. DRHP, it has been said that the IPO will only have an offer for sale. In this, new shares will not be issued, but Moishus Holdings Ltd. Shares will be sold to the promoter on behalf of.
The original equipment manufacturers, powerful suspension solutions of the country create and supplies critical and highly engineer for export market. Axis Capital for IPO, JM Financial, HSBC Securities and Capital Markets (E) Pvt. Ltd. And book running lead managers.
Tenneco Clean Air India is a part of the IPO Tennco Group and its headquarters are in America. Its listed copytitors in India include JF Commercial Vehicle Control System, Timken India, SKF India, Sharda Motor Industries, Uno Mida etc. The financial year of Tennco Clin Air India increased to 553.1 crore during 2024-25. That is, there has been a great increase of 32.7 percent in its profit.
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