Tenneco Clean Air IPO Details, Financials, Valuation & Peers

Here's a short, professional overview of Tenneco Clean Air India Limited based on their DRHP/RHP filings:

Tenneco Clean Air India Limited (TCA)

Tenneco Clean Air India Limited (TCA) is an Indian subsidiary of Tenneco Inc., a global leader in the automotive components industry. Its core business revolves around the design, development, manufacturing, and supply of advanced emission control systems and products for the automotive sector.

The company's main products include comprehensive hot end systems (such as catalytic converters, diesel particulate filters (DPFs), and exhaust manifolds) and cold end systems (including mufflers, resonators, and tailpipes). TCA primarily focuses on the automotive emission control industry, serving Original Equipment Manufacturers (OEMs) and the aftermarket across various vehicle segments like Passenger Vehicles (PV), Commercial Vehicles (CV), and Off-Highway Vehicles (OHV).

Key Highlights:

• Global Parentage: Leverages the global expertise, technology, and R&D capabilities of its parent company, Tenneco Inc.
• Comprehensive Product Portfolio: Offers a full spectrum of hot and cold end emission control solutions tailored for diverse vehicle applications.
• Technological Leadership: Focuses on pioneering advanced emission control technologies to meet increasingly stringent regulatory norms, notably BS-VI in India.
• Strong Market Presence: Holds a significant position in the Indian automotive market, serving a diversified customer base of major OEMs across multiple vehicle categories.
• Integrated Capabilities: Possesses end-to-end capabilities, from design and engineering to manufacturing, across its multiple production facilities.