Austere Systems Limited IPO Details
SME
Austere Systems IPO opens for subscription on 03 Sep 2025 and closes on 09 Sep 2025. The IPO will be listed on BSE with the tentative listing date set for 12 Sep 2025.
Austere Systems IPO price band has been fixed at ₹52 – ₹55 per share.The face value is ₹10 per share with a lot size of 2000.
Austere Systems IPO total issue size comprises 28,30,000 shares (aggregating up to ₹15.56 Cr). This includes a fresh issue of 28,30,000 shares (aggregating up to ₹15.56 Cr). Pre-issue shareholding stands at 76,48,134, which will increase to 1,04,78,134 post-issue.
Austere Systems IPO carries a ₹32 (58.2%) GMP, reflecting investor sentiment.
Austere Systems IPO Lot Size : Individual Minimum is 2 lots (4,000 shares) amounting to ₹220,000. Individual Maximum is 2 lots (4,000 shares) amounting to ₹220,000. SHNI Minimum is 3 lots (6,000 shares) amounting to ₹330,000. SHNI Maximum is 9 lots (18,000 shares) amounting to ₹990,000. BHNI Minimum is 10 lots (20,000 shares) amounting to ₹1,100,000.
The Lead Managers for Austere Systems IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is GYR Capital Advisors Private Limited. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Wiinance Financial Services Private Limited, SKI Capital Services. You can analyze their track record by checking the Market Maker Performance Summary report.
For detailed information, Refer to the Austere Systems Limited RHP.
Austere Systems IPO Details
Austere Systems IPO Subscription
Austere Systems IPO Application Wise Breakup
Austere Systems IPO Dates
- 03 Sep 2025Opening dateOPD
- 09 Sep 2025Closing dateCOD
- 10 Sep 2025Allotment Date BOA
- 11 Sep 2025Initiation of RefundsIOR
- 11 Sep 2025Credit of SharesCOS
- 12 Sep 2025Listing dateLID
Austere Systems IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual Minimum | 2 | 4000 | ₹220,000 |
| Individual Maximum | 2 | 4000 | ₹220,000 |
| SHNI Minimum | 3 | 6000 | ₹330,000 |
| SHNI Maximum | 9 | 18000 | ₹990,000 |
| BHNI Minimum | 10 | 20000 | ₹1,100,000 |
Austere Systems IPO Reservation
Promoter Holding
Austere Systems IPO Valuations
Austere Systems Financial Information
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 18.63 | 12.23 | 8.60 |
| Total Income | 18.86 | 18.66 | 15.40 |
| Profit After Tax | 4.01 | 4.15 | 1.77 |
| EBITDA | 6.05 | 6.28 | 2.88 |
| Net Worth | 16.27 | 9.00 | 4.85 |
| Reserves and Surplus | 8.62 | 8.99 | 4.84 |
| Total Borrowing | 0.48 | 0.44 | 0.79 |
| Amount in ₹ Crore | |||
About Austere Systems IPO
Incorporated in 2013, Austere Systems Limited (ASL) is a software development company specializing in IT services and solutions for startups and enterprises.
The company specializes in software development, SaaS, mobile apps, IT solutions, database management, training, e-commerce, ERP, AI services, process automation, digital transformation, and data/document management.
The company resells software, offers business process outsourcing, IT consulting, and serves global and Indian clients, focusing on underserved rural markets in India, including both private and government sectors.
Services:
- Mobile Application Development: The company develops iOS, Android, HTML5, and hybrid apps, offering scalable and efficient mobile solutions for businesses.
- Web Application Development: The company provides custom web solutions using modern technologies to enhance businesses' online presence and communication.
- IT Staff Augmentation: The company offers staffing solutions, including permanent, temporary, and contract positions, optimizing recruitment processes for businesses.
- Digital Marketing: The company specializes in SEO, SEM, content writing, PPC, and social media marketing to enhance online visibility.
- Managed Services Support: The company offers IT infrastructure monitoring, service desk support, and unified communications, ensuring smooth business operations.
As of July 31, 2025, the company has 123 employees, including senior executives, engineers, developers and administrative staff.
Strength Of Austere Systems IPO
1. Experienced Promoter and Qualified Senior Management Team.
2. Global presence of our Company.
3. Scalable Business Model.
4. Strategy to build capacity and capabilities necessary to develop and increase the value of the business by growth across multiple dimensions.
5. Our Customer- Centric Approach.
6. In- House Expertise/Human Resource- Our team comprises of highly skilled professionals with a prudent mix of experienced and young professional with diverse expertise.
Risk Of Austere Systems IPO
1. The ever-changing technological changes in the industry heavily affect our business.
2. Our Company, its Directors, its Promoters and Group Companies are party to certain litigation and claims. These legal proceedings are pending at different levels of adjudication before various forums and regulatory authorities. Any adverse decision may make us liable to liabilities/penalties and may adversely affect our reputation, business and financial status.
3. Our lenders have charge over our movable, immovable properties in respect of finance availed by us.
4. Our sales to government departments and agencies expose us to business volatility and risks, including government budgeting cycles and appropriations.
5. We have experienced negative cash flows in the past and may continue to do so in the future and the same may adversely affect our cash flow requirements, which in turn may adversely affect our ability to operate our business and implement our growth plans, thereby affecting our financial condition.
6. Delay in Receivables from Government Contracts and Capital Blocking in form of mandatory deposits.
7. There have been certain instances in the past regarding certain discrepancies in fillings made to ROC as per Companies Act, 2013.
8. Research and development in the software industry is a long and costly process which is subject to various uncertainties. We may not be able to sufficiently invest in the same or generate a timely return on our investment.
9. Significant security breaches in our computer systems and network infrastructure and fraud could adversely impact our business.
10. The Company may fail to Secure High-Scale Projects due to Competition from bigger players in the market.
Objectives Austere Systems IPO
1. Funding the working capital requirements of the company
2. General Corporate Purposes
Company Contact Details
Austere Systems Ltd.
Office 301-303,
A Square, Plot No. 34 ADC,
Sector 26, Pradhikaran,
Pune, Maharashtra, 411044
Phone: +91 97738 23372
Email: compliance@austere.co.in
Website: https://www.austeresystems.com/
Registrar Contact Details
Lead Mangers
Lead Manager Reports
Read more about Shringar House of Mangalsutra IPO
- Austere Systems Limited IPO Detail
- Austere Systems Limited IPO Subscription Detail
- Austere Systems Limited IPO GMP Detail
- Checked Live Austere Systems Limited IPO Allotment Status
- Austere Systems Limited IPO Basis Of Allotment
- Austere Systems Limited IPO Price Calculator
- Austere Systems Limited IPO Stock Price