Austere Systems IPO Details
The Austere Systems IPO is a book build issue with a total issue size of ₹15.57 cr, comprising of fresh issue of 2830000 equity shares. Austere Systems IPO opened for subscription on Sep 03, 2025 and closed on Sep 09, 2025. Austere Systems IPO is set price band at ₹52 to ₹55 per share, with a lot size of 2000 shares. Minimum investment for Retail investors was ₹220,000.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Sep 10, 2025, and listed on both the NSE and BSE on Sep 12, 2025.
Kfin Technologies Limited has been appointed as the registrar. GYR Capital Advisors Private Limited are the Book Running Lead Manager for the issue.
Before investing in the Austere Systems IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 52 – 55
- Lot Size
- 2000
- Issue Size
- ₹15.57 Cr
- Minimum Investment
- ₹220000 (4000 Shares)
- Listing Date
- 12 September 2025
Current GMP
₹32 (+58.18%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Austere Systems Limited
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.
Austere Systems IPO Promoters
- Mr. Rahul Gajanan Teni
- Mr. Piyush Gupta
- Mr. Shikhir Gupta
Promoters Holding
Holding Pre Issue
91.67%
Holding Post Issue
68.66%
Austere Systems IPO Objective
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
Book Running Lead Managers
- GYR Capital Advisors Private Limited
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 with a total issue size of ₹15.57 crore. The Austere Systems IPO price band is ₹52 to 55 per share. The Austere Systems IPO subscription opens on Wed, Sep 3, 2025, and closes on Tue, Sep 9, 2025. The Austere Systems IPO will be listed on the BSE. Kfin Technologies Limited is the registrar for the Austere Systems IPO.
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 per share.
Austere Systems IPO lot size is 2000 shares, Retail investors need a minimum investment of ₹220000 based on the upper price band
The minimum investment for Austere Systems IPO is ₹220000, based on one lot of 2000 shares at the upper price band of ₹55 per share.
Investors can apply for the Austere Systems IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Tue, Sep 9, 2025. The application amount remains blocked until the Austere Systems IPO allotment is finalized.
Austere Systems IPO issue size is ₹15.57 crores.
Austere Systems IPO allotment date is Wed, Jul 1, 2026.
The registrar for Austere Systems IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited website to check Austere Systems IPO allotment status, refund processing, and other IPO-related information.
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 0% over the issue price.