Austere Systems IPO
Austere Systems IPO Details
-
Open Date
03 Sep 2025
-
Close Date
09 Sep 2025
-
Listing Date
12 Sep 2025
- IPO Price Range
₹ 52 to ₹55
- IPO Size
₹ 15.57 Cr
- Listing Exchange
BSE SME
Austere Systems IPO Timeline
Austere Systems IPO Subscription Status
| Date | QIB | NII | Individual Investors | TOTAL |
|---|---|---|---|---|
| 03-Sep-25 | 3.52 | 6.21 | 9.40 | 7.04 |
| 04-Sep-25 | 3.52 | 35.86 | 41.16 | 29.33 |
| 05-Sep-25 | 5.62 | 88.77 | 94.11 | 67.83 |
| 08-Sep-25 | 6.54 | 405.07 | 369.09 | 273.94 |
| 09-Sep-25 | 236.50 | 2,149.19 | 1,090.81 | 1,076.99 |
Last Updated: 09 September 2025 6:40 PM by 5paisa
Austere Systems Limited, launching a ₹15.57 Cr IPO, is a software development and IT solutions provider catering to startups, enterprises, and government sectors. The company delivers services in software, SaaS, mobile and web applications, ERP, AI, digital transformation, and process automation. It also offers IT consulting, staff augmentation, managed services, digital marketing, and software reselling. With a strong presence in rural Indian markets, ASL serves both domestic and global clients.
Established in: 2013
Managing Director: Mr. Shikhir Gupta
Peers:
1. ASM Technologies Limited
2. Moschip Technologies Ltd
3. Infobeans Technologies Limited
4. Onward Technologies Ltd
4. 3i Infotech Ltd
Austere Systems Objectives
● The company will fund its working capital requirements amounting to ₹11.60 crores.
● The company will allocate funds for general corporate purposes.
Austere Systems IPO Size
| Types | Size |
|---|---|
| Total IPO Size | ₹15.57 Cr |
| Offer For Sale | - |
| Fresh Issue | ₹15.57 Cr |
Austere Systems IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 4,000 | 2,08,000 |
| Retail (Max) | 2 | 4,000 | 2,08,000 |
| S-HNI (Min) | 3 | 6,000 | 3,12,000 |
| S-HNI (Max) | 9 | 18,000 | 9,36,000 |
| B-HNI (Min) | 10 | 20,000 | 10,40,000 |
Austere Systems IPO Reservation
| Investors Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Cr.)* |
|---|---|---|---|---|
| QIB | 236.50 | 5,36,000 | 12,67,62,000 | 697.19 |
| NII (HNI) | 2,149.19 | 4,08,000 | 87,68,70,000 | 4,822.79 |
| Individual Investors (IND category bidding for 2 Lots) | 1,090.81 | 9,44,000 | 1,02,97,28,000 | 5,663.50 |
| Total** | 1,076.99 | 18,88,000 | 2,03,33,60,000 | 11,183.48 |
*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.
| Particulars (in Rs. Crores) | FY23 | FY24 | FY25 |
|---|---|---|---|
| Revenue | 15.40 | 18.66 | 18.86 |
| EBITDA | 2.88 | 6.28 | 6.05 |
| PAT | 1.77 | 4.15 | 4.01 |
| Particulars (in Rs. Crores) | FY23 | FY24 | FY25 |
|---|---|---|---|
| Total Assets | 8.60 | 12.23 | 18.63 |
| Share Capital | 0.01 | 0.01 | 7.65 |
| Total Borrowing | 0.79 | 0.44 | 0.48 |
| Particulars (in Rs. Crores) | FY23 | FY24 | FY25 |
|---|---|---|---|
| Net Cash Generated From / (used in) operating activities | -0.06 | 2.73 | 0.51 |
| Net Cash Generated From / (used in) investing activities | -1.09 | -0.13 | -0.24 |
| Net Cash Generated From / (used in) financing activities | -0.77 | -0.43 | 3.26 |
| Net Increase (Decrease) In Cash And Cash Equivalents | -0.33 | 2.17 | 4.01 |
Strengths
1. Diverse IT services across multiple business domains.
2. Strong expertise in mobile and web applications.
3. Focused presence in underserved rural Indian markets.
4. Experienced team offering customised digital transformation solutions.
Weaknesses
1. Limited global brand recognition compared to competitors.
2. Heavy reliance on domestic government sector contracts.
3. Smaller scale compared to multinational IT companies.
4. Marketing reach restricted beyond rural and niche markets.
Opportunities
1. Growing demand for AI and automation solutions.
2. Increasing digital adoption in rural and semi-urban areas.
3. Rising demand for SaaS and cloud-based platforms.
4. Potential to expand into untapped international markets.
Threats
1. Intense competition from established IT service providers.
2. Rapid technological changes requiring constant innovation.
3. Dependency on regulatory policies for government contracts.
4. Economic downturns affecting client IT spending decisions.
1. Strong presence in growing rural technology markets.
2. Diversified service portfolio across multiple digital domains.
3. Positioned to benefit from increasing digital transformation.
4. Experienced team driving innovation and scalable growth.
Austere Systems operates within India’s rapidly expanding IT services and software development industry. With growing demand for digital transformation, SaaS, mobile applications, and automation, the company is well-positioned to serve both domestic and global clients. Its focus on underserved rural markets offers a unique growth opportunity, while increasing adoption of digital solutions by government and private sectors further strengthens its potential for long-term expansion and market penetration.
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FAQs
Austere Systems IPO opens from September 3, 2025 to September 9, 2025.
The size of Austere Systems IPO is ₹15.57 Cr.
The price band of Austere Systems IPO is fixed at ₹52 to ₹55 per share.
To apply for Austere Systems IPO, follow the steps given below:
● Login to your 5paisa account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the Austere Systems IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size of Austere Systems IPO is of 2 lots consisting of 4,000 shares and the investment required is ₹2,20,000.
The share allotment date of Austere Systems IPO is September 10, 2025
The Austere Systems IPO will likely be listed on September 12, 2025.
GYR Capital Advisors Pvt.Ltd is the book running lead manager for Austere Systems IPO.
Austere Systems plans to utilise the raised capital from the IPO for:
● The company will fund its working capital requirements amounting to ₹11.60 crores.
● The company will allocate funds for general corporate purposes.
Austere Systems Contact Details
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/
Austere Systems IPO Register
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: austere.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
Austere Systems IPO Lead Manager
GYR Capital Advisors Pvt.Ltd.