Austere Systems IPO
Open SmeCurrent GMP
₹32 (+58.18%)
Price Band
₹ 52 – 55
Lot Size
2000
Issue Size
₹15.57 Cr
Minimum Investment
₹220000 (4000 Shares)
Listing Date
12 September 2025
Subscription
1077.12x
About the Company
Incorporated in 2013, Austere Systems Limited (ASL) is a technology-driven software development and IT services company catering to startups, enterprises, and government organizations. The company delivers end-to-end digital solutions across India and global markets, with a strong focus on addressing the needs of underserved rural sectors.
ASL’s expertise spans software development, SaaS solutions, mobile applications, IT infrastructure, database management, e-commerce platforms, ERP, artificial intelligence (AI), process automation, digital transformation, and data/document management. The company also engages in software reselling, business process outsourcing (BPO), and IT consulting, providing clients with scalable and sustainable technology solutions.
Core Services
- Mobile Application Development
Development of iOS, Android, HTML5, and hybrid mobile applications, designed to deliver scalable, efficient, and user-friendly business solutions. - Web Application Development
Custom-built web applications using modern frameworks and technologies to enhance digital presence, streamline workflows, and improve customer engagement. - IT Staff Augmentation
Comprehensive staffing solutions, including permanent, temporary, and contract hiring, helping businesses optimize recruitment and meet project-specific skill requirements. - Digital Marketing
Performance-driven digital marketing services covering SEO, SEM, content creation, PPC campaigns, and social media marketing to boost visibility and customer acquisition. - Managed Services & Support
IT infrastructure monitoring, service desk operations, and unified communications to ensure reliability, security, and uninterrupted business performance.
Workforce
As of July 31, 2025, ASL employs 123 professionals, comprising senior executives, engineers, developers, and administrative staff, working collaboratively to deliver innovative and client-focused technology solutions.
Promoters
- Mr. Rahul Gajanan Teni
- Mr. Piyush Gupta
- Mr. Shikhir Gupta
Promoters Holding
Holding Pre Issue
91.67%
Holding Post Issue
68.66%
Objects of the Issue
The Company Austere Systems IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
- Funding the working capital requirements of the company
- General Corporate Purposes
Address / Contact Info
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/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Wednesday, 03 September 2025
IPO Close Date
Tuesday, 09 September 2025
Basis of Allotment
Wednesday, 10 September 2025
Initiation of Refunds
Thursday, 11 September 2025
Credit of Shares to Demat
Thursday, 11 September 2025
Listing Date
Friday, 12 September 2025 — NSE & BSE
Important Dates
Open Date
03 September 2025
Close Date
09 September 2025
Basis Of Allotment
10 September 2025
Listing Date
12 September 2025
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 18.63 | 12.23 | 8.6 |
| Revenue | 18.86 | 18.66 | 15.4 |
| Profit After Tax | 4.01 | 4.15 | 1.77 |
| Net Worth | 16.27 | 9 | 4.85 |
| Reserve & Surplus | 8.62 | 8.99 | 4.84 |
| Total Borrowings | 0.48 | 0.44 | 0.79 |
EPS Pre
5.25%
EPS Post
3.83%
P/E Pre
10.48
P/E (Post Issue)
14.36x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE % | 31.76 | 59.85 | 44.33 |
| ROCE % | 33.12 | 60.05 | 42.8 |
| Debt / Equity | 0.03 | 0.05 | 0.16 |
| RoNW % | 24.66 | 46.07 | 36.47 |
| PbW | 0 | 0 | 0 |
| Pat Margin % | 21.55 | 22.33 | 11.52 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 536000 | 28.39 | 0 |
| Non-Institutional | 408000 | 21.61 | 0 |
| BNII | 272000 | 14.41 | 0 |
| SNII | 136000 | 7.2 | 0 |
| Retail Investors | 944000 | 50 | 0 |
| Total | 1888000 | 100 | 0 |
Subscription Status ( Tue, 09 Sep 25 01:29 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 536000 | 126762000 | 236.5x |
| Non-Institutional | 408000 | 877012000 | 2149.54x |
| Retail Investors | 944000 | 1029836000 | 1090.93x |
| Total | 1888000 | 2033610000 | 1077.12x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Austere Systems Ltd | 10 | 0.00 | 5.35 | 5.35 | 24.66 | 21.28 |
| ASM Technologies Ltd | 10 | 167.41 | 21.13 | 21.13 | 15.18 | 1.39 |
| Moschip Technologies Ltd | 2 | 99.53 | 1.76 | 1.70 | 10.20 | 17.19 |
| Infobeans Technologies Ltd | 10 | 43.53 | 15.59 | 15.51 | 11.43 | 136.33 |
| Onward Technologies Ltd | 10 | 27.83 | 11.97 | 11.81 | 12.07 | 10.00 |
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 4,000 | 220,000.00 |
| Retail (Max) | 2 | 4,000 | 220,000.00 |
| S-HNI (Min) | 3 | 6,000 | 330,000.00 |
| S-HNI (Max) | 9 | 18,000 | 990,000.00 |
| B-HNI (Min) | 10 | 20,000 | 1,100,000.00 |
Registrar
Kfin Technologies Limited
04067162222, 04079611000
reachus@kfintech.com
https://www.kfintech.com
Book Running Lead Managers
- GYR Capital Advisors Private Limited
RHP Document
DRHP Document
Anchor Investors
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Austere Systems IPO is a Book-building IPO worth ₹15.57 crores. The price band is ₹52 to 55 per share. The IPO opens on Wed, Sep 3, 2025 and closes on Tue, Sep 9, 2025. It will be listed on BSE and NSE. Kfin Technologies Limited is the registrar.
The Austere Systems IPO opens on Wed, Sep 3, 2025 and closes on Tue, Sep 9, 2025
Austere Systems IPO Price Band is ₹52 to 55.
Austere Systems IPO lot size is 2000, and the minimum amount required for application is ₹220000.
The minimum investment for Austere Systems IPO is approximately ₹220000 based on the upper price band.
To apply for the Austere Systems IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Tue, Sep 9, 2025. After submission, funds are blocked until the basis of allotment of Austere Systems IPO is finalised.
Austere Systems IPO issue size is ₹15.57 crores.
Austere Systems IPO allotment date is Sat, Jun 27, 2026.
The registrar for Austere Systems IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited website for IPO allotment status, refund processing, and other queries related to Austere Systems IPO through their official website or helpline.
The Austere Systems IPO GMP (Grey Market Premium) is ₹32 as of Fri, Sep 12, 2025. Based on the upper price band of ₹55 per share, the estimated Austere Systems IPO listing price is ₹87, indicating a potential listing gain of approximately 31% over the issue price.