Austere Systems IPO
GMP, Subscription, Price, Dates & Financial Details
It - Software
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…
Open Date
Wed, 03 Sep 2025
Close Date
Tue, 09 Sep 2025
Price Band
₹ 52 – 55
Lot Size
2000
Issue Size
₹ 15.57 Cr
Minimum Investment
₹ 220,000 (4000 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Austere Systems IPO has successfully completed its IPO process and is now listed on BSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹15.57 Crore, comprising a fresh issue of 28.30 Lakh equity shares aggregating to ₹15.57 Crore.
The Austere Systems IPO remained open for subscription from September 03, 2025, to September 09, 2025. The basis of allotment was finalized on September 10, 2025, and the company's shares were listed on BSE SME Platform on September 12, 2025.
The company had fixed the price band at ₹52 to ₹55 per share, with a lot size of 2000 shares. Retail investors were required to make a minimum investment of ₹220,000 (based on the upper price band) to apply for one lot.
KFin Technologies Limited served as the registrar to the issue. GYR Capital Advisors Private Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Austere Systems Limited is now a publicly listed company on BSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Austere Systems IPO Timeline (Tentative)
- IPO Open Date
- Wed, 03 Sep 25
- IPO Close Date
- Tue, 09 Sep 25
- Basis of Allotment
- Wed, 10 Sep 25
- Initiation of Refunds
- Thu, 11 Sep 25
- Credit of Shares to Demat
- Thu, 11 Sep 25
- Listing Date
- Fri, 12 Sep 25 — NSE & BSE
Open Date
03 September 2025
Close Date
09 September 2025
Basis Of Allotment
10 September 2025
Listing Date
12 September 2025
IPO Subscription
Check Live Subscription →The Austere Systems IPO has received bids for 2,03,36,10,000 shares against 18,88,000 shares offered, resulting in an overall subscription of 1,077.12x. the NII category is subscribed 2,149.54x, Retail Investors 1,090.93x, and QIBs 236.5x.
QIB
236.5x
NII
2149.54x
RII
1090.93x
Total
1077.12x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 9,44,000 shares, representing 50% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 5,36,000 shares (28.39%), while Non-Institutional Investors (NIIs) receive 4,08,000 shares (21.61%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 536,000 | 28.39% |
| Non-Institutional | 408,000 | 21.61% |
| BNII | 272,000 | 14.41% |
| SNII | 136,000 | 7.2% |
| Retail Investors | 944,000 | 50% |
| Total | 1,888,000 | 100% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Austere Systems Limited KPI Information
| 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 |
| Pat Margin % | 21.55 | 22.33 | 11.52 |
Peers Comparison
| 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 |
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
Austere Systems Limited Address / 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/
IPO Snapshot
Austere Systems IPO Lot Size
The Austere Systems IPO has a lot size of 2,000 shares. Retail investors require a minimum investment of ₹2,20,000 by applying for 2 lot (4,000 shares). The maximum application allowed for the retail category is 2 lots (4,000 shares), requiring an investment of ₹2,20,000.
| 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 |
Issue Reservation
- QIB — 28.39%
- NII — 21.61%
- RII — 50%
Book Running Lead Managers
- GYR Capital Advisors Private Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Austere Systems 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.
When will the Austere Systems IPO open for subscription?
The Austere Systems IPO opens on Wed, Sep 3, 2025 and closes on Tue, Sep 9, 2025
What is Austere Systems IPO Price Band?
Austere Systems IPO Price Band is ₹52 to 55 per share.
What is Austere Systems IPO Lot Size?
Austere Systems IPO lot size is 2000 shares, Retail investors need a minimum investment of ₹220000 based on the upper price band
What is the minimum investment for Austere Systems IPO?
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.
How to apply for Austere Systems IPO?
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.
What is Austere Systems IPO Issue Size?
Austere Systems IPO issue size is ₹15.57 crores.
What is the Austere Systems IPO Allotment Date?
Austere Systems IPO allotment date is Wed, Sep 10, 2025.
Who is the Austere Systems IPO Registrar?
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.
What is the Austere Systems IPO GMP?
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 58.18% over the issue price.
Who is the Austere Systems IPO Lead Manager?
The book-running lead managers (BRLMs) for the Austere Systems IPO are GYR Capital Advisors Private Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Austere Systems IPO Red Herring Prospectus (RHP).