
Tenneco Clean Air India Ltd. is the Indian subsidiary of Tenneco Inc., a US-based global leader in automotive clean air and powertrain solutions.
The company designs and manufactures emission-control systems used in passenger vehicles (PVs), commercial trucks (CVs), off-highway vehicles (OHVs), and industrial applications.
It forms part of Tenneco’s Clean Air division, which focuses on helping global OEMs meet evolving BS-VI and emission-compliance norms—a growing regulatory priority in India’s auto ecosystem.
With manufacturing facilities spread strategically across India, Tenneco Clean Air India supplies to top OEMs and is becoming an export hub for the parent’s global operations.
| ISSUE OFFER | |
|---|---|
| Issue Opens on | NOV 12, 2025 |
| Issue Closes on | NOV 14, 2025 |
| Total IPO size (₹ Cr) | ₹ 3,600 crore |
| Fresh Issue (₹ Cr) | - |
| Offer For Sale (₹ Cr) | ₹ 3,600 crore |
| Price Band (₹) | ₹ 378 – 397 |
| Market Lot | 37 |
| Face Value (₹) | 10 |
| Listing At | BSE, NSE |
| Market Capitalization (₹ Cr) | ₹ 16,023.09 crore |
The IPO is entirely an Offer for Sale, so the company won’t receive fresh capital; proceeds go to selling shareholders.
Despite a slight revenue dip in FY25, profitability strengthened sharply—EBITDA margin rose by over 550 bps YoY, signaling improved cost management and product-mix optimization.
The company’s return on capital employed (ROCE) of 56.78% underscores efficient asset utilization—a clear positive compared with several peers in the auto-component space.
At a P/E of ~29× (pre-IPO), the valuation appears moderate—lower than premium peers like Bosch or Timken, but higher than Sharda Motor Industries. Considering consistent profit growth and strong balance sheet, the pricing seems fair but not deeply undervalued.
✅ Strong R&D and Technology Edge – backed by the global Tenneco Group’s expertise in emission-control systems.
✅ Established Client Base – top OEMs in PV, CV, and OHV categories; longstanding relationships ensure revenue visibility.
✅ Operational Efficiency – strategically located plants enable cost-effective manufacturing and logistics.
✅ Consistent Profitability – steady growth in net profit and cash flows over FY23–FY25.
✅ “Make in India” Advantage – positioning as an export hub enhances competitiveness and localization benefits.
⚠️ High Customer Concentration: Top 10 clients contribute ~80% of total sales.
⚠️ Dependence on Auto Sector Cyclicality: Heavy reliance on PV & CV segments (~80% of revenue).
⚠️ Transition to EVs: Could reduce long-term demand for traditional exhaust systems.
⚠️ No Fresh Issue: Being a pure OFS, company won’t gain new funds for expansion or debt reduction.
Swastika Investmart assigns a “Neutral” rating to the IPO.
Overall, the IPO looks moderately priced with a balanced risk-reward profile.
India’s push toward cleaner mobility and stricter BS-VI emission norms is reshaping the auto-component landscape.
Global Tier-I suppliers like Tenneco are expected to benefit as OEMs transition toward hybrid and low-emission vehicles, creating sustained demand for advanced exhaust after-treatment systems.
However, the accelerating EV adoption curve means that over the long term, companies like Tenneco will need to diversify into EV-compatible thermal and filtration systems to maintain growth momentum.
1️⃣ What is the Tenneco Clean Air India IPO price band?
₹378–₹397 per share.
2️⃣ Is there a fresh issue component?
No, the IPO is entirely an Offer for Sale by existing shareholders.
3️⃣ When will the shares list?
Listing is expected on Nov 19, 2025 on both BSE and NSE.
4️⃣ What is Swastika’s recommendation?
Swastika Investmart gives a Neutral rating—strong fundamentals but limited near-term upside.
5️⃣ How can I apply for this IPO easily?
You can apply online via your broker or Demat account; alternatively, open an account with Swastika Investmart for seamless IPO investing.
Tenneco Clean Air India Ltd. brings to the market a solid automotive legacy, backed by global technology and Indian operational strength. While profitability has improved, investors should weigh the lack of fresh capital and auto-sector cyclicality before subscribing.
If you’re an investor seeking diversified exposure to India’s manufacturing and clean-tech auto themes, it’s worth tracking—but allocate selectively.
💼 Invest smart with Swastika Investmart – a SEBI-registered broker known for robust research, reliable support, and tech-driven platforms for IPOs, mutual funds, and stock trading.

Indian stock markets continue to witness a flurry of IPO activity in 2025. Between September 22–24, two companies – Atlanta Electricals Ltd. and Ganesh Consumer Products Ltd. – are set to launch their public offerings. For investors, this raises an important question: Which IPO holds stronger potential?
This blog dives into the details of both offerings, comparing business models, financials, growth outlook, and sectoral trends to help investors make informed decisions.
Atlanta Electricals is a manufacturer of transformers, switchgears, and power distribution equipment, catering primarily to state electricity boards, renewable energy projects, and large industrial clients.
👉 Example: The ongoing electrification of rural India and rising EV charging infra could provide Atlanta Electricals with strong order inflows in the coming years.
Ganesh Consumer Products is in the packaged foods and consumer staples segment, offering products such as ready-to-eat snacks, beverages, and household essentials.
👉 Example: With rural FMCG demand rebounding and modern trade channels expanding, Ganesh Consumer may benefit from a wider retail reach.
Indian stock markets continue to witness a flurry of IPO activity in 2025. Between September 22–24, two companies – Atlanta Electricals Ltd. and Ganesh Consumer Products Ltd. – are set to launch their public offerings. For investors, this raises an important question: Which IPO holds stronger potential?
This blog dives into the details of both offerings, comparing business models, financials, growth outlook, and sectoral trends to help investors make informed decisions.
Atlanta Electricals is a manufacturer of transformers, switchgears, and power distribution equipment, catering primarily to state electricity boards, renewable energy projects, and large industrial clients.
👉 Example: The ongoing electrification of rural India and rising EV charging infra could provide Atlanta Electricals with strong order inflows in the coming years.
Ganesh Consumer Products is in the packaged foods and consumer staples segment, offering products such as ready-to-eat snacks, beverages, and household essentials.
👉 Example: With rural FMCG demand rebounding and modern trade channels expanding, Ganesh Consumer may benefit from a wider retail reach.
The timing of these IPOs is crucial. With SEBI tightening disclosure norms and ensuring greater transparency, investor trust in new listings has improved. Additionally, strong secondary market performance in 2025 has boosted retail participation.
For instance, recent IPOs in the power and FMCG sectors have seen oversubscription, indicating strong appetite among both institutional and retail investors.
While evaluating IPOs, having the right research tools, guidance, and seamless investing experience is essential. Swastika Investmart offers:
👉 Open your account now with Swastika Investmart and apply for IPOs seamlessly: Open Account
1. Which IPO is better – Atlanta Electricals or Ganesh Consumer?
It depends on your investment preference. Atlanta Electricals suits long-term infra believers, while Ganesh Consumer appeals to those favoring FMCG-led growth.
2. What is the subscription period for these IPOs?
Both IPOs are open between September 22–24, 2025.
3. Can I apply for both IPOs simultaneously?
Yes, investors can apply for both IPOs provided they have sufficient funds in their demat and trading account.
4. Are these IPOs suitable for long-term holding?
Atlanta Electricals may offer long-term compounding linked to infrastructure, while Ganesh Consumer’s growth depends on maintaining market share in FMCG.
5. How can I apply for these IPOs online?
You can apply via UPI through your broker’s platform. With Swastika Investmart, the process is tech-enabled, simple, and quick.
Both Atlanta Electricals and Ganesh Consumer present unique opportunities for investors during Sep 22–24, 2025. One taps into India’s infrastructure and power growth story, while the other benefits from the consumption-driven FMCG wave.
The right choice ultimately depends on your risk profile, sector preference, and investment horizon.
For a research-backed investing journey with seamless IPO applications, explore Swastika Investmart today: Open Account

Trading in the stock market isn’t one-size-fits-all. Every trader has a different:
This is why strategies like scalping, intraday, and swing trading exist. While all involve speculation on price movements, the key differences lie in timeframe, frequency, and risk-reward profile.
Scalping is about making multiple quick trades during the day, sometimes lasting only seconds.
Example: A scalper may buy Reliance shares at ₹2,750 and sell at ₹2,752 within 2 minutes, repeating this process 20–30 times daily.
Scalping is not suited for beginners — it demands discipline, lightning-fast execution, and constant screen time.
Intraday trading refers to buying and selling stocks on the same day before market close. No positions are carried overnight.
Example: A trader buys Infosys at ₹1,650 in the morning and exits at ₹1,700 by afternoon, booking profits within a single session.
Intraday trading is popular in India because of high liquidity in Nifty 50, Bank Nifty, and large-cap stocks.
Swing trading is about holding positions for a few days to weeks to ride medium-term price movements.
Example: Buying Tata Motors ahead of quarterly results and holding for 2 weeks to ride a bullish breakout.
Swing trading is suitable for those who can’t monitor markets full-time but still want to benefit from short-term trends.
| Feature | Scalping 🏃 | Intraday ⚡ | Swing 📈 |
|---|---|---|---|
Timeframe |
Seconds–Minutes |
Minutes–Hours |
Days–Weeks |
Capital Need |
High (due to frequency) |
Moderate |
Moderate–High |
Risk Level |
Very High |
High |
Medium |
Profit Per Trade |
Small |
Moderate |
Larger |
Time Commitment |
Full-time |
Active during trading hours |
Part-time |
👉 For beginners, swing trading or simple intraday trades may be safer than scalping.
Whether you’re a scalper, intraday trader, or swing trader, success depends on the right tools and research. With Swastika Investmart, you get:
👉 Open Demat & Trading account with Swastika Investmart today and trade with confidence.
Q1. Is scalping legal in India?
Yes, scalping is legal but requires a registered broker and compliance with SEBI norms.
Q2. Which trading style is best for beginners?
Swing trading is generally considered safer for beginners as it requires less screen time and avoids intraday volatility.
Q3. Can I use leverage in intraday trading?
Yes, brokers allow leverage, but it increases both potential profits and risks.
Q4. Do FIIs or big institutions use scalping?
Yes, institutions use algorithmic scalping strategies, but retail traders should be cautious due to high risks.
Q5. Which sectors are best for intraday trading in India?
Highly liquid sectors like Banking, IT, and Energy (Nifty 50 and Bank Nifty stocks) are ideal for intraday trades.
Each trading style — scalping, intraday, or swing — comes with its unique risk-reward profile. Choosing the right one depends on your capital, time availability, and risk appetite.
For Indian investors, a blend of swing and intraday trading often works best, while scalping is more suited to professionals.
👉 Ready to explore your trading style? Start your journey with Swastika Investmart and get access to expert-backed research, tech platforms, and reliable support.
.png)
The Securities and Exchange Board of India (SEBI), India’s capital markets regulator, has cleared the Adani Group of allegations that had been clouding its reputation and weighing on investor sentiment. This regulatory relief is not just a corporate milestone for the Adani conglomerate, but also a moment that reverberates across the Indian stock market.
For months, questions over regulatory scrutiny kept many investors cautious. With the SEBI clean chit, the Adani Group can now focus fully on its expansion strategy in infrastructure, energy, ports, and airports—sectors that are vital to India’s economic growth story.
Regulatory clarity is often a key factor in boosting market sentiment. When an influential corporate group like Adani receives a clean regulatory report, investors see it as a green signal that reduces perceived risks.
In real terms, this could translate into:
Stock markets thrive on confidence. When large groups face prolonged uncertainty, volatility tends to rise. SEBI’s move helps reduce such uncertainty, creating a stable environment not just for Adani investors, but for the broader Indian equity market.
Already, market watchers have observed that Adani Enterprises, Adani Ports, and Adani Green Energy registered improved trading volumes post the SEBI announcement. While prices remain subject to global cues and sectoral dynamics, the regulatory clarity has provided a short-term lift in valuation multiples.
For example, Adani Ports—a bellwether for India’s logistics and trade infrastructure—saw heightened interest among both institutional and retail investors. Analysts believe the company is positioned to benefit from India’s rising export competitiveness and infrastructure push.
This development doesn’t just impact Adani stocks; it signals a broader theme of regulatory transparency in Indian markets. Investors, both domestic and global, now see:
Such shifts matter at a macro level. India is currently one of the fastest-growing large economies. With clear regulations and reduced uncertainty, global funds are more likely to allocate capital to Indian equities.
While the SEBI clean chit is undeniably positive, it doesn’t remove all risks. Adani Group companies still operate in highly leveraged and competitive sectors. Investors should:
Here’s where a trusted partner like Swastika Investmart adds value. With its SEBI registration, in-house research tools, and technology-enabled trading platforms, Swastika helps investors make well-informed decisions. Its focus on investor education and customer support ensures that even retail participants can navigate complex markets with confidence.
👉 Open a Swastika Investmart Account to explore opportunities today.
Q1: What did SEBI say about the Adani Group?
SEBI cleared the Adani Group of allegations, effectively giving the conglomerate a clean chit, which eased investor concerns.
Q2: How does this impact the Indian stock market?
It reduces uncertainty, boosts confidence in Indian markets, and may increase both foreign and domestic investor participation.
Q3: Should I invest in Adani stocks now?
While sentiment is positive, investors should review fundamentals, valuations, and their own risk profile before investing.
Q4: What sectors benefit the most from this development?
Infrastructure, renewable energy, ports, and logistics—sectors where Adani Group has a major presence—stand to gain.
Q5: How can Swastika Investmart help investors?
Swastika offers SEBI-regulated brokerage services, strong research insights, and customer support to help investors make informed decisions.
SEBI’s clean chit to the Adani Group is more than just a regulatory development—it’s a confidence booster for the entire Indian stock market. While the news strengthens investor sentiment, prudent investing remains essential. Diversification, valuation analysis, and informed decision-making are key.
With Swastika Investmart’s research-driven approach and tech-enabled platforms, investors gain the tools and guidance they need to navigate opportunities in an evolving market landscape.
👉 Open Your Account with Swastika Investmart and start investing with confidence.
.png)
Foreign Institutional Investors (FIIs) play a pivotal role in India’s capital markets. Their inflows and outflows often decide the short-term direction of indices like Nifty and Sensex. However, investing in an emerging economy like India also exposes FIIs to risks such as:
To manage these risks, FIIs actively use commodities as a hedging tool.
When FIIs expect volatility in equities, they often take positions in gold futures on MCX.
India imports over 80% of its crude requirements. Rising crude prices mean inflationary pressures, which hurt equity markets. FIIs hedge this by:
Metals like copper, aluminium, and zinc are highly cyclical.
Though not as liquid as metals or energy, agri-commodities on NCDEX provide FIIs a tool to manage inflation-linked risks. Rising food inflation can hurt consumer companies, so FIIs hedge through contracts in commodities like soybean or chana.
FIIs use regulated platforms like:
With SEBI oversight, these platforms ensure transparency and liquidity for hedging activities.
When FIIs hedge via commodities:
For example, in August 2025, FII outflows of nearly ₹47,000 crore from equities coincided with higher participation in gold and crude futures, showing how hedging balances exposure.
While FIIs use sophisticated hedging models, retail and HNI investors can also benefit from commodity diversification. With Swastika Investmart, you get:
👉 Open your commodity enabled Demat & Trading account with Swastika Investmart today.
Q1. Why do FIIs use commodities for hedging in India?
To balance risks from currency fluctuations, inflation, and global volatility while maintaining equity exposure.
Q2. Which commodities are most preferred by FIIs?
Gold, crude oil, and base metals like copper and aluminium are most widely used.
Q3. Do FIIs trade directly on Indian commodity exchanges?
Yes, through SEBI-regulated platforms like MCX and NCDEX, often via sub-accounts or participatory notes.
Q4. How does FII hedging impact retail investors?
It improves market liquidity, price discovery, and offers new opportunities for retail traders.
Q5. Can Indian investors also use commodities for hedging?
Yes, investors can diversify portfolios using commodities to reduce equity-linked risks.
FIIs are not just equity players—they are active risk managers who use commodities to stabilize their India exposure. By trading in gold, crude, metals, and agri-commodities, they hedge against inflation, currency moves, and global shocks, ensuring long-term portfolio balance.
For Indian investors, understanding these FII strategies can unlock smarter ways to invest.
👉 Experience AI-powered commodity trading with Swastika Investmart and step into the future of diversified investing.
.png)
GK Energy & Saatvik Green Energy IPO 2025 brings two solar-sector stories to market on the same dates. One is an EPC and solar-pump specialist that benefits from government farm electrification schemes. The other is a fast-growing domestic module maker that has ridden the China plus one shift and anti-dumping protection. For retail and institutional flows focused on renewable energy, this creates a choice: a service/install play versus a manufacturing play. Both plays are direct beneficiaries of India’s renewable push, but the risks, margins, and capital needs differ.
GK Energy is a pure-play solar EPC provider focused on agricultural solar pumps and rooftop solutions, often working under government schemes that subsidize rural pump electrification.
GK reported revenue of about ₹1,094.8 crore in FY25 and net profit of roughly ₹133.2 crore for the year. The company shows improving margins and a sizeable order book that underpins near-term visibility.
Saatvik is a solar module manufacturer that also offers EPC services. It has grown capacity rapidly and benefits from higher domestic demand and export opportunities.
Saatvik reported revenue of about ₹2,192.5 crore in FY25 and net profit around ₹213.9 crore, with installed capacity expanded to ~3.8 GW as of June 30, 2025. These numbers show scale and a clear manufacturing footprint.
India’s renewable push, export demand, and trade remedies against cheap imports have changed the solar landscape. PM-KUSUM and other farm-focused schemes create a steady demand pool for solar pumps, which benefits EPC players like GK. Module manufacturers such as Saatvik have benefited from the global supply-chain reconfiguration and protective duties. SEBI and the exchanges set the allotment, refund and listing timelines; both IPOs show identical indicative timetables with issue open and close dates in September 2025 and listing around September 26, 2025. Retail applicants should review the Red Herring Prospectus for detailed SEBI-compliant disclosures and risk factors.
1. When do these IPOs open and list?
Both IPOs show an indicative open around September 19, 2025, close around September 23, 2025, and an expected listing close to September 26, 2025. Check the RHP for any updates.
2. Which is the larger issue?
Saatvik Green Energy is the larger offering, focused on module manufacturing and with a bigger fresh issue size compared with GK Energy.
3. Are these IPOs good for short-term listing gains?
Both notes suggest limited upside is possible at listing, but valuation and market sentiment on the listing day will be decisive. Short-term gains are possible but not guaranteed.
4. How should I apply?
Decide allocation based on your portfolio, apply via your broker or ASBA, and keep exposure within a sensible percentage of your investible assets. Read the RHP carefully.
GK Energy & Saatvik Green Energy IPO 2025 present two distinct ways to play India’s solar transition: one via services and scheme-driven pump installs, the other through manufacturing and scale. Both come with strong growth stories but also execution and policy risks. If you plan to apply, size your bet, compare valuations with peers, and read the RHP.
If you prefer a broker that combines SEBI-regulated safety with research-led insights, consider Swastika Investmart. Swastika is SEBI-registered and offers research tools, customer support, tech-enabled platforms, and investor education to help you make informed IPO decisions. Open an account to apply easily:
Open Account at Swastika Investmart

In the late 1990s, India transitioned from physical share certificates to Demat accounts, simplifying stock ownership and trading. Today, over 150 million Demat accounts exist, reflecting the rise of retail participation.
But now, a new wave of transformation is underway—AI-powered brokers. These platforms are not just execution providers; they are becoming intelligent investing companions.
An AI-powered broker uses artificial intelligence, machine learning, and automation to enhance the trading and investing journey. Instead of just offering Demat services, they:
Traditional brokers often provide standard research notes. With AI, recommendations are customized to an investor’s goals, risk appetite, and behavior. For example:
AI-powered robo-advisors in India are helping investors build and rebalance portfolios automatically. They consider factors like:
This ensures investors don’t just buy and hold but actively optimize their holdings.
Regulatory compliance is critical in India under SEBI’s oversight. AI brokers use:
This reduces the risk of fraudulent activities and human oversight errors.
AI models track macro indicators such as:
By spotting patterns, these tools provide investors with early signals, helping them stay ahead of the market.
AI-enabled brokers now offer 24/7 support through chatbots that can:
This makes financial markets more accessible to first-time investors.
For example, during August 2025, AI-driven insights flagged strong potential in metal and consumption stocks amid global shifts, helping investors navigate volatility.
While many new-age fintech players are entering the space, Swastika Investmart stands out because it combines:
This balance of technology + human expertise ensures that investors don’t rely solely on algorithms but also have access to seasoned market research and dedicated support.
Q1. How are AI-powered brokers different from traditional brokers?
They use AI to offer personalized insights, predictive analytics, and automated compliance, while traditional brokers mainly provide execution.
Q2. Is it safe to use AI-based Demat services?
Yes, especially with SEBI-regulated brokers like Swastika that combine AI tools with strong compliance frameworks.
Q3. Will AI replace human advisors?
Not entirely. AI assists in data-driven decisions, but human advisors add context, experience, and emotional intelligence.
Q4. Do AI brokers charge higher fees?
Not necessarily. Many AI-enabled platforms are competitively priced and often reduce costs by automating processes.
Q5. Can AI really predict stock market moves?
AI doesn’t guarantee profits but helps identify patterns and probabilities, improving the odds of better decision-making.
AI-powered brokers are redefining how Indians invest by making Demat services smarter, safer, and more accessible. From personalized portfolio advice to fraud detection and round-the-clock support, the integration of AI is no longer a luxury—it’s becoming the norm.
As India moves deeper into tech-driven investing, brokers like Swastika Investmart offer the perfect blend of AI-powered tools and trustworthy market expertise.
👉 Take your first step toward future-ready investing by opening a Demat account with Swastika Investmart.


Trust Our Expert Picks
for Your Investments!



