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Austere Systems Ltd. IPO Details – Price, Date, GMP & Analysis
Listed
SME
Price Range:
Rs.55.00
Issue Size:
Rs.15.57 Cr
Lot Size:
2000 shares
Open Date:
September 3
Austere Systems Ltd. IPO Overview
Bidding Dates
September 3 - September 9
Min Investment
₹110,000
Price Range
₹55.00
Issue Size
₹15.57 Cr
IPO DRHP Doc
Company Overview
Austere Systems Limited (ASL), incorporated in 2013, is a software development company providing IT services and solutions for startups and enterprises. The company focuses on software development, SaaS, mobile apps, IT solutions, database management, training, e-commerce, ERP, AI services, process automation, digital transformation, and data/document management. ASL also resells software, offers business process outsourcing, IT consulting, and serves clients in both private and government sectors, particularly in underserved rural markets in India. As of August 31, 2024, the company employs 119 staff members, including senior executives, engineers, developers, and administrative personnel.
IPO Timeline
Opens
Sep 3
Closes
Sep 9
Allotment
Sep 10
Refunds
Sep 11
Shares Credit
Sep 11
Listing
Sep 12
Opens
Sep 3
Closes
Sep 9
Allotment
Sep 10
Refunds
Sep 11
Shares Credit
Sep 11
Listing
Sep 12
Latest Subscription Data
| Category | Subscription | Status |
|---|---|---|
| QIB (Qualified Institutional Buyers) | 236.50x | Oversubscribed |
| NII (Non-Institutional Investors/HNI) | 2,149.19x | Oversubscribed |
| RII (Retail Individual Investors) | 1,090.81x | Partially Subscribed |
| Total Subscription | 1,076.99x | Partially Subscribed |
Last updated: Sep 9, 2025, 05:06 PM
Current GMP:
Rs.32
Est. Listing:
Rs.87
Est. Gain:
+58.2%
Star Rating:
★★★★★(5/5)
Financial Information
Financial Data Table
Detailed breakdown of financial metrics across years
| Financial Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Assets | ₹18.63 Cr | ₹12.23 Cr | ₹8.6 Cr |
| EBITDA | ₹6.05 Cr | ₹6.28 Cr | ₹2.88 Cr |
| Net Worth | ₹16.27 Cr | ₹9 Cr | ₹4.85 Cr |
| Profit After Tax | ₹4.01 Cr | ₹4.15 Cr | ₹1.77 Cr |
| Reserves and Surplus | ₹8.62 Cr | ₹8.99 Cr | ₹4.84 Cr |
| Total Borrowing | ₹0.48 Cr | ₹0.44 Cr | ₹0.79 Cr |
| Total Income | ₹18.86 Cr | ₹18.66 Cr | ₹15.4 Cr |
Financial data is visualized in the chart above
Strengths & Risks Analysis
Key Strengths
Competitive advantages and positive aspects
- Integrated service portfolio covering software, cloud, AI, and outsourcing.
- Diverse client base including startups, SMEs, enterprises, and government bodies.
- Growing financial performance with improving profitability.
- Experienced management team with domain expertise in IT services.
- Proven track record with 100+ completed projects across sectors.
IPO Details
Austere Systems IPO Details
| Face Value | ₹10 per share |
| IPO Date | September 3, 2025 to September 9, 2025 |
| Issue Price Band | ₹52 to ₹55 per share |
| Issue Price Final | ₹55 per share |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Listing Date | September 12, 2025 |
| Lot Size | 2,000 Shares |
| Net Offered to Public | 26,88,000 shares (aggregating up to ₹14.78 Cr) |
| Reserved for Market Maker | 1,42,000 shares (aggregating up to ₹0.7810 Cr)Wiinance Financial Services Pvt.Ltd. SKI Capital Services Ltd. |
| Sale Type | Fresh Capital |
| Share Holding Post Issue | 1,04,78,134 shares |
| Share Holding Pre Issue | 76,48,134 shares |
| Total Issue Size | 28,30,000 shares (aggregating up to ₹15.57 Cr) |
Austere Systems IPO Reservation
Share Reservation Distribution
QIB
1,336,000 shares (47.21%)
Retail
944,000 shares (33.36%)
Anchor Investors
800,000 shares (28.27%)
QIB (Ex-Anchor)
536,000 shares (18.94%)
HNI (NII)
408,000 shares (14.42%)
bNII (>₹10L)
272,000 shares (9.61%)
Market Maker
142,000 shares (5.02%)
sNII (<₹10L)
136,000 shares (4.81%)
Austere Systems IPO Promoter Holding
| Promoter Holding Post Issue | |
| Promoter Holding Pre Issue | 91.67% |
Austere Systems IPO Listing Details
| BSE Listing Group | MT |
| BSE Script Code | 544505 |
| Final Issue Price | ₹55 per share |
| ISIN | INE104201012 |
| Listing Date | September 12, 2025 |
| NSE Symbol |
Key Dates
Open Date:September 3
Close Date:September 9
Listing Date:September 12
