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Austere Systems IPO vs Mayasheel Ventures IPO

Comparison between Austere Systems IPO and Mayasheel Ventures IPO.

IPO Details

Austere Systems IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Mayasheel Ventures IPO is a SME Bookbuilding proposed to list at NSE SME.

 Austere Systems IPOMayasheel Ventures IPO
LogoAustere Systems IPO LogoMayasheel Ventures IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtBSE SMENSE SME
Lead ManagersGYR Capital Advisors Pvt.Ltd.Narnolia Financial Services Ltd.
RegistrarKfin Technologies Ltd.Maashitla Securities Pvt.Ltd.
Market MakerWiinance Financial Services Pvt.Ltd.Prabhat Financial Services Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor Anchor Investor
IPO Allotment URLIPO Allotment URL

Issue Size and Price

The total issue size of Austere Systems IPO is up to ₹14.78 Cr whereas the issue size of the Mayasheel Ventures IPO is up to ₹25.92 Cr. The final issue price of Austere Systems IPO is ₹55.00 per share and of Mayasheel Ventures IPO is ₹47.00 per share.

 Austere Systems IPOMayasheel Ventures IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹52.00 per share₹44.00 per share
Issue Price (Upper)₹55.00 per share₹47.00 per share
Issue Price (Final)₹55.00 per share₹47.00 per share
Discount (Retail)₹0.00 per share
Discount (Employee)₹0.00 per share
Market Lot Size2000 shares3000 shares
Fresh Issue Size26,88,000 shares55,14,000 shares
Fresh Issue Size (Amount)up to ₹14.78 Crup to ₹25.92 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total26,88,000 shares55,14,000 shares
Issue Size Total (Amount)up to ₹14.78 Crup to ₹25.92 Cr

IPO Timetable

Austere Systems IPO opens on Sep 03, 2025, while Mayasheel Ventures IPO opens on Jun 20, 2025. The closing date of Austere Systems IPO and Mayasheel Ventures IPO is Sep 09, 2025, and Jun 24, 2025, respectively.

 Austere Systems IPOMayasheel Ventures IPO
Anchor Bid DateSep 02, 2025Jun 19, 2025
Issue OpenSep 03, 2025Jun 20, 2025
Issue CloseSep 09, 2025Jun 24, 2025
Basis Of Allotment (Tentative)Sep 10, 2025Jun 25, 2025
Initiation of Refunds (Tentative)Sep 11, 2025Jun 26, 2025
Credit of Share (Tentative)Sep 11, 2025Jun 26, 2025
Listing date (Tentative)Sep 12, 2025Jun 27, 2025
Anchor Lockin End date 1Oct 10, 2025Jul 26, 2025
Anchor Lockin End date 2Dec 09, 2025Sep 24, 2025

Financials & KPIs

Austere Systems IPO P/E ratio is 10.48, as compared to Mayasheel Ventures IPO P/E ratio of 6.74.

 Austere Systems IPOMayasheel Ventures IPO
FinancialsEBITDA

Mayasheel Ventures Limited Financial Information (Restated)

Mayasheel Ventures Limited's revenue increased by 31% and profit after tax (PAT) rose by 74% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets99.1092.5679.03
Total Income172.05131.14127.10
Profit After Tax11.336.514.75
Net Worth28.8424.0918.06
Reserves and Surplus12.590.000.00
Total Borrowing34.0635.0533.23
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)91.6791.97
Promoter Shareholding (Post-Issue)67.76
P/E Ratio10.486.74
Market Cap₹57.63 Cr.₹103.64 Cr.
ROE31.76%42.83%
ROCE33.12%28.62%
Debt/Equity0.031.60
EPS₹5.25₹6.98
RoNW24.66%42.83%

Shares Offered

In the Austere Systems IPO Retail Individual Investors (RII) are offered 9,44,000 shares while in Mayasheel Ventures IPO retail investors are offered 9,44,000 shares. Qualified Institutional Buyers (QIB) are offered 5,36,000 shares in Austere Systems IPO and 11,04,000 shares in Mayasheel Ventures IPO.

 Austere Systems IPOMayasheel Ventures IPO
Anchor Investor Reserveration8,00,000 shares16,50,000 shares
Market Maker Reserveration1,42,000 shares2,91,000 shares
QIB5,36,000 shares11,04,000 shares
NII4,08,000 shares8,28,000 shares
RII9,44,000 shares19,32,000 shares
Employee0 shares
Others
Total26,88,000 shares55,14,000 shares

Bids Received (Subscription)

Austere Systems IPO subscribed 1,076.99x in total, whereas Mayasheel Ventures IPO subscribed 232.73x.

 Austere Systems IPOMayasheel Ventures IPO
QIB (times)236.50x98.14x
NII (times)2,149.19x715.75x
Big NII (times)2,525.60x
Small NII (times)1,396.38x
RII (times)1,090.81x102.63x
Employee (times)
Other (times)
Total (times)1,076.99x232.73x