Austere Systems Limited – IPO
Austere Systems Limited – IPO Details
| IPO Date | September 3, 2025 to September 8, 2025 |
| Listing Date | September 11, 2025 |
| Face Value | ₹ 10 / Share |
| Price Band | ₹ 52 to ₹ 55 / Share |
| Lot Size | 2000 Shares |
| Total Issue Size | 28,30,000 shares (Aggregating up to ₹15.57 Cr) |
| Fresh Issue | |
| Offer for Sale | |
| Employee Discount | |
| 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 |
| Market Maker portion |
Austere Systems Limited Timeline (Tentative Schedule)
Austere Systems Limited IPO opens on September 3, 2025, and closes on September 8, 2025.
| IPO Open Date | September 3, 2025 |
| IPO Close Date | September 8, 2025 |
| Basis of Allotment | September 9, 2025 |
| Initiation of Refunds | September 9, 2025 |
| Credit of Shares to Demat | September 10, 2025 |
| Listing Date | September 11, 2025 |
| Cut-off time for UPI mandate confirmation | September 8, 2025 |
Austere Systems Limited IPO Lot Size
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 |
|---|---|---|---|
| Retail (Min) | 2 | 4,000 | Rs.220,000 |
| Retail (Max) | 2 | 4,000 | Rs.220,000 |
| S-HNI (Min) | 3 | 6,000 | Rs.330,000 |
| S-HNI (Max) | 9 | 18,000 | Rs.990,000 |
| B-HNI (Min) | 10 | 20,000 | Rs.1,100,000 |
| HNI (Min) |
Austere Systems Limited IPO Promoter Holding
| Share Holding Pre Issue | 91.67% |
| Share Holding Post Issue |
Austere Systems Limited IPO Reservation
Austere Systems IPO offers a total of 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 | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | |
|
| Market Maker Shares Offered | 1,42,000 (5.02%) |
|
| Other Shares Offered | |
|
| QIB Shares Offered | 13,36,000 (47.21%) |
|
| NII (HNI) Shares Offered | 4,08,000 (14.42%) |
|
| bNII > ₹10L | |
|
| sNII < ₹10L | |
|
| Retail Shares Offered | 9,44,000 (33.36%) |
|
| Employee Shares Offered | |
|
| Total Shares Offered | 28,30,000 (100.00%) |
Austere Systems Limited IPO Anchor Investors Details
Austere Systems IPO raises ₹4.40 crore from anchor investors. Austere Systems IPO Anchor bid date is September 2, 2025.
| Bid Date | 2025-09-02 |
| Shares Offered | |
| Anchor Portion Size (In Cr.) | 4.40 |
| Anchor lock-in period end date for 50% shares (30 Days) | September 10, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | November 9, 2025 |
About Austere Systems Limited
Founded in 2013, Austere Systems Limited (ASL) is an IT services and solutions software development company catering to startups and enterprises. Austere Systems Limited has expertise in software development, SaaS, mobile applications, IT solutions, database management, training, e-commerce, ERP, AI services, process automation, digital transformation, and data/document management. The business sells pre-owned software, provides business process outsourcing, IT consulting, and services to global and Indian clients, targeting underserved rural India markets, both private and government.
Services:
Mobile Application Development: The business designs iOS, Android, HTML5, and hybrid apps, providing scalable and effective mobile solutions for businesses.
Web Application Development: The business offers custom web solutions with cutting-edge technologies to improve the online presence and communication of businesses.
IT Staff Augmentation: The firm provides staffing services, such as permanent, temporary, and contract staff, with a view to maximizing recruitment processes for companies.
Digital Marketing: The firm specializes in search engine optimization, search engine marketing, content writing, pay-per-click, and social media marketing to maximize online presence.
Managed Services Support: The firm provides IT infrastructure monitoring, service desk services, and unified communications for effective business operations.
As of July 31, 2025, the company employs 123 people, including senior management, engineers, developers and administrative personnel.
Competitive Strengths:
Domestic and Global Client base from various set of industries thus avoiding the risk of customer concentration.
The Company keeps businesses competitive by quickly embracing and utilising the newest technologies available.
Experienced Promoter and Strong Management
Balanced Service and In-House Product Portfolio
Equipping State Governments in urban/rural regions with path-breaking in-house offerings, unlocking rural markets potential that has remained untapped.
Key Performance Indicator
The market capitalization of Austere Systems' IPO is ₹57.63 Cr.
| KPI | Values |
|---|---|
| ROE | 31.76% |
| ROCE | 33.12% |
| Debt/Equity | 0.03 |
| RoNW | 24.66% |
| P/BV | 2.58 |
| PAT Margin (%) | 21.55% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 5.25 | 3.83 |
| P/E (x) | 10.48 | 14.36 |
Note:
- The Pre IPO EPS is calculated based on Pre issue shareholding as on the date of RHP and the latest FY earnings as of March 31, 2025, that is available in RHP.
- The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2025, which is available in RHP.
Objects of the Issue (Austere Systems Limited IPO Objectives)
Austere Systems Limited 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: [email protected] Website: https://www.austeresystems.com/ |
Austere Systems Limited IPO Registrar
Kfin Technologies Ltd. Phone: 04067162222, 04079611000 Email: [email protected] Website: https://ipostatus.kfintech.com/ |