Austere Systems IPO is a book build issue of ₹15.57 crores. The issue is entirely a fresh issue of 0.28 crore shares of ₹15.57 crore.
Austere Systems IPO bidding opened for subscription on Sep 3, 2025 and will close on Sep 9, 2025. The allotment for the Austere Systems IPO is expected to be finalized on Sep 10, 2025. Austere Systems IPO will list on BSE SME with a tentative listing date fixed as Sep 12, 2025.
Austere Systems IPO price band is set at ₹52.00 to ₹55.00 per share . The lot size for an application is 2,000. The minimum amount of investment required by an individual investor (retail) is ₹2,20,000.00 (4,000 shares) (based on upper price). The minimum lot size investment for HNI is 3 lots (6,000 shares), amounting to ₹3,30,000.
GYR Capital Advisors Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. The market maker of the company areSKI Capital Services Ltd., Wiinance Financial Services Pvt.Ltd..
Refer to Austere Systems IPO RHP for detailed Information.
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| IPO Date | September 3, 2025 to September 9, 2025 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Issue Price Band | ₹52 to ₹55 per share |
| Issue Price Final | ₹55 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 28,30,000 shares (aggregating up to ₹15.57 Cr) |
| Reserved for Market Maker | 1,42,000 shares Wiinance Financial Services Pvt.Ltd. (aggregating up to ₹0.7810 Cr) SKI Capital Services Ltd. |
| Net Offered to Public | 26,88,000 shares (aggregating up to ₹14.78 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 76,48,134 shares |
| Share Holding Post Issue | 1,04,78,134 shares |
Austere Systems IPO offers total 28,30,000 shares. Out of which 13,36,000 (47.21%) allocated to QIB, 5,36,000 (18.94%) allocated to QIB (Ex- Anchor), 4,08,000 (14.42%) allocated to NII, 9,44,000 (33.36%) allocated to RII and 8,00,000 (28.27%) allocated to Anchor investors.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,42,000 (5.02%) |
| QIB Shares Offered | 13,36,000 (47.21%) |
| − Anchor Investor Shares Offered | 8,00,000 (28.27%) |
| − QIB (Ex. Anchor) Shares Offered | 5,36,000 (18.94%) |
| NII (HNI) Shares Offered | 4,08,000 (14.42%) |
| − bNII > ₹10L | 2,72,000 (9.61%) |
| − sNII < ₹10L | 1,36,000 (4.81%) |
| Retail Shares Offered | 9,44,000 (33.36%) |
| Total Shares Offered | 28,30,000 (100.00%) |
Austere Systems IPO raises ₹4.40 crore from anchor investors. Austere Systems IPO Anchor bid date is September 2, 2025. Austere Systems IPO Anchor Investors list
| Bid Date | September 2, 2025 |
| Shares Offered | 8,00,000 |
| Anchor Portion Size (In Cr.) | 4.40 |
| Anchor lock-in period end date for 50% shares (30 Days) | October 10, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | December 9, 2025 |
Austere Systems IPO opens on September 3, 2025, and closes on September 9, 2025.
| IPO Open Date | Wed, Sep 3, 2025 |
| IPO Close Date | Tue, Sep 9, 2025 |
| Tentative Allotment | Wed, Sep 10, 2025 |
| Initiation of Refunds | Thu, Sep 11, 2025 |
| Credit of Shares to Demat | Thu, Sep 11, 2025 |
| Tentative Listing Date | Fri, Sep 12, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Tue, Sep 9, 2025 |
Investors can bid for a minimum of 4,000 shares and in multiples of 2,000 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 4,000 | ₹2,20,000 |
| Individual investors (Retail) (Min) | 2 | 4,000 | ₹2,20,000 |
| S-HNI (Min) | 3 | 6,000 | ₹3,30,000 |
| S-HNI (Max) | 9 | 18,000 | ₹9,90,000 |
| B-HNI (Min) | 10 | 20,000 | ₹11,00,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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:
As of July 31, 2025, the company has 123 employees, including senior executives, engineers, developers and administrative staff.
Competitive Strengths:
Austere Systems Ltd.'s revenue increased by 1% and profit after tax (PAT) dropped by 3% between the financial year ending with March 31, 2025 and March 31, 2024.
| 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 | |||
The market capitalization of Austere Systems IPO is ₹57.63 Cr.
KPI as of Mon, Mar 31, 2025.
| KPI | Values |
|---|---|
| ROE | 31.76% |
| ROCE | 33.12% |
| Debt/Equity | 0.03 |
| RoNW | 24.66% |
| PAT Margin | 21.55% |
| EBITDA Margin | 32.06% |
| Price to Book Value | 2.58 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 5.25 | 3.83 |
| P/E (x) | 10.48 | 14.36 |
The Company Austere Systems IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Funding the working capital requirements of the company | 11.60 |
| 2 | General Corporate Purposes |
[Dilip Davda] ASL is operating in an overcrowded segment of IT solutions and related services. It marked inconsistency in its top and bottom lines for the reported periods. The boosted bottom lines from FY24 onward raises eyebrows and concern over its sustainability. It is operating in a highly competitive and fragmented segment. Based on its recent financial data, the issue appears fully priced. Only well-informed/cash surplus investors may park moderate funds for medium term, others may stay away. Read detail review...
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/
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: austere.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
Austere Systems IPO is a SME IPO of 28,30,000 equity shares of the face value of ₹10 aggregating up to ₹15.57 Crores. The issue is priced at ₹55 per share. The minimum order quantity is 2000.
The IPO opens on September 3, 2025, and closes on September 9, 2025.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Austere Systems IPO using UPI as a payment gateway. Zerodha customers can apply in Austere Systems IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Austere Systems IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Austere Systems IPO opens on September 3, 2025 and closes on September 9, 2025.
Austere Systems IPO lot size is 2000, and the minimum amount required for application is ₹2,20,000, with 2 lots being the minimum application size.
You can apply in Austere Systems IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Austere Systems IPO will be done on Wednesday, September 10, 2025, and the allotted shares will be credited to your demat account by Thursday, September 11, 2025. Check the Austere Systems IPO allotment status.
The Austere Systems IPO listing date is not yet announced. The tentative date of Austere Systems IPO listing is Friday, September 12, 2025.
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