Austere Systems Limited is going to launch its IPO on Sept 03, 2025, with the objective of raising 15.57 crores (approx) from the market. The IPO will close on Sept 08, 2025, and the company will list on the Bombay Stock Exchange (BSE) on Sept 11, 2025.
About Austere Systems
Austere Systems Limited began its journey in 2013 as Austere Technology. Over the years, it has transformed into a global IT solutions provider with more than 200 skilled professionals. The company has delivered 100+ successful projects worldwide and continues to grow at an impressive annual rate of 100%.
What Austere Systems Does
Austere Systems offers a wide range of IT services and solutions, including:
- Mobile & Web Application Development
- Desktop Applications
- E-commerce Solutions
- Cloud Deployment (AWS, Azure, GCP)
- AI & Machine Learning Solutions
- Salesforce, ServiceNow, and SAP Deployment
- Process Automation & IT Infrastructure Management
- SEO, Digital Marketing & IT Staffing
- Testing Services (Manual & Automation)
- POS Systems, POC & RFP Services
- Soil Testing & Analysis
- 24/7 L1/L2 Support Centre
Strengths of Austere Systems
- Time-tested business model with flexible pricing options
- SAP BO certified partner with strong technical expertise
- Single point of contact for complete IT solutions
- Dedicated team of 75+ experts with domain knowledge across industries
- Consistent communication and commitment to quality
- 100+ satisfied clients across the globe
Why Choose Austere Systems?
Austere Systems stands out for its customer-first approach, high-quality delivery standards, and ability to adapt to the latest technologies. The company blends Agile development practices with transparent processes, ensuring clients stay engaged at every stage.
Business & Development Models
The company offers fixed-price, hourly, dedicated team, and maintenance models tailored to client needs. Its transparent development model ensures clear communication, while outsourcing options help businesses reduce costs and access global talent.
Quality Commitment
Austere Systems follows strict quality principles – fit for purpose, right first time, and total quality management. With continuous monitoring, functional testing, security checks, and performance benchmarking, the company ensures reliable, future-ready solutions.
IPO details of Austere Systems
| IPO Date | 03 Sept 2025 to 08 Sept 2025 |
| Offer Price | 52 to 55 per share |
| Lot Size | 4000 Shares |
| Min. Retail Subscription (In Rs.) | 2,20,000 |
| Face Value | 10 per share |
| Issue Size (In Cr.) (Approx) | 15.57 |
| Issue Type | Book Building |
| Listing In | BSE |
Investor category allocation of Austere Systems IPO
| Investor category | Shares Allocated | Allocation (%) |
| QIBs | 13,36,000 | 47.21% |
| Retail Individuals | 9,44,000 | 33.36% |
| NIIs/HNIs | 4,08,000 | 14.42% |
| Market Makers | 1,42,000 | 5.02% |
| Total | 28,30,000 | 100% |
Austere Systems IPO Schedule
| IPO Open Date | 03 Sept 2025 |
| IPO Close Date | 08 Sept 2025 |
| UPI Mandate deadline | 08 Sept 2025 (5 PM) |
| Allotment Date | 09 Sept 2025 |
| Refund Initiation | 09 Sept 2025 |
| Demat Transfer | 10 Sept 2025 |
| Listing Date | 11 Sept 2025 |
Financial Information of Austere Systems IPO
| Financial End | March 2023 | March 2024 | March 2025 |
| Total Assets (In Cr.) | 8.60 | 12.23 | 18.63 |
| Revenue (In Cr.) | 15.40 | 18.66 | 18.86 |
| Profit After Tax (In Cr.) | 1.77 | 4.15 | 4.01 |
| Net Worth (In Cr.) | 4.85 | 9.00 | 16.27 |
Objectives of Austere Systems IPO
- Funding the working capital requirements of our company; and
- General Corporate Purposes
Prospectus of Austere Systems IPO
Promoters of Austere Systems IPO
- Rahul Gajanan Teni
- Shikhir Gupta
- Piyush Gupta
Registered Address of Austere Systems Limited IPO
Austere Systems Limited
Office 301-303, A Square, Plot No. 34 ADC
Sector 26, Pradhikaran, Pune,
Maharashtra, India, 411044
Telephone No.: +91 9834742794
E-mail: compliance@austere.co.in
Website: www.austeresystems.com
Austere Systems Limited IPO – Registrar Details
KFIN TECHNOLOGIES LIMITED
Selenium Tower- B, Plot 31-32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad-500 032, Telangana, India.
Contact Person: Mr. M Murali Krishna
Tel No.: +91 40 6716 2222
Email: nvl.ipo@kfintech.com
Investor Grievance Email: einward.ris@kfintech.com
Website: www.kfintech.com
Austere Systems Limited IPO Lead Manager Details
GYR Capital Advisors Private Limited
FAQs
Q. What is Austere Systems IPO?
A. Austere Systems IPO is a Small and Medium Enterprises (SME) Initial Public Offering (IPO). The company is coming up with its public issue to raise funds and get listed on the BSE SME platform.
Q. When will Austere Systems IPO open for subscription?
A. The IPO will open for subscription on 03 September 2025 and will close on 08 September 2025. Investors can apply within these six days.
Q. What is the Austere Systems IPO Issue Size?
A. The total issue size of the IPO is approximately 15.57 Crores.
Q. What is the Austere Systems IPO Price Band?
A. The price band for Austere Systems IPO is fixed at 52 to 55 per equity share.
Q. What is the Austere Systems IPO Lot Size?
A. The minimum lot size for retail investors is 4,000 shares. This means an investor must apply for at least 1 lot, which will cost 2,20,000 at the upper price band (55). Applications must be made in multiples of 4,000 shares thereafter.
Q. What is the Austere Systems IPO Allotment Date?
A. The basis of allotment for Austere Systems IPO is expected to be finalized on 09 September 2025. On this date, successful investors will be allotted shares.
Q. What is the Austere Systems IPO Listing Date?
A. Austere Systems IPO shares are proposed to be listed on the BSE SME platform with a tentative listing date of 11 September 2025.
Q. How to Check Austere Systems Limited IPO Allotment Status?
A. To check the allotment status of Austere Systems Limited IPO, follow these steps:
- Visit the official website of the IPO registrar – KFIN TECHNOLOGIES LIMITED
- Click on “IPO Allotment Status”.
- Select Austere Systems Limited IPO from the dropdown menu.
- Enter your PAN, application number, or DP/Client ID.
- Click “Search” to view your allotment result.
Visit our website for the latest IPO updates and other financial information.