Tenneco India IPO | Tech-Driven Growth Story Backed by Strong Global Parent | Arvind Chandrasekharan #ETNOW
Tenneco India IPO | Tech-Driven Growth Story Backed by Strong Global Parent | Arvind Chandrasekharan
Tenneco India IPO | Tech-Driven Growth Story Backed by Strong Global Parent | Arvind Chandrasekharan
Global automotive supplier Tenneco brings its Indian arm to the market with a ₹3,600 crore IPO, opening on November 12. The issue is a complete Offer for Sale (OFS) by Tenneco Marasius Holdings.
With 40 years of legacy in India, ₹4,400 crore revenue, and a 57% RoCE, Tenneco India dominates the auto components market — supplying 1 in 2 passenger vehicles and 2 in 3 trucks in India.
Backed by $17B Tenneco Global, the company’s access to 5,000 patents and 7,500 trademarks gives it a unique tech advantage. With a focus on innovation, cost-efficiency, sustainability, and fast product turnaround, Tenneco aims to cement its position as a leading Tier-1 automotive supplier in India.
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