Austere Systems IPO Details
The key details of Austere Systems’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹15.57 Cr |
| Price Range | ₹52 - ₹55 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | BSE |
| Minimum Quantity | 4,000 |
| Investment (cut-off price) | ₹2,20,000 |
| Pre IPO Promotor Holding | 91.67% |
| Post IPO Promotor Holding | Update soon |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Austere Systems IPO Timelines
The IPO process for Austere Systems includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
03/09/2025
Start Date09/09/2025
End Date11/09/2025
Refund Initiation11/09/2025
Credit of Shares to Demat Ac12/09/2025
Listing DateAustere Systems IPO Lot Size
The Austere Systems IPO has a fixed lot size of 2,000 shares, at an upper price band of ₹55 per share. For retail investors, the minimum and maximum application is 4,000 shares (2 lots) amounting to ₹2,20,000. For Small HNI (S-HNI) investors, the minimum application is 6,000 shares (3 lots) worth ₹3,30,000, while the maximum is 18,000 shares (9 lots) amounting to ₹9,90,000. Big HNI (B-HNI) investors need to apply for at least 20,000 shares (10 lots), totaling ₹11,00,000.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 4000 | ₹2,20,000 |
| Retail Maximum | 2 | 4000 | ₹2,20,000 |
| S-HNI Minimum | 3 | 6000 | ₹3,30,000 |
| S-HNI Maximum | 9 | 18000 | ₹9,90,000 |
| B-HNI Minimum | 10 | 20000 | ₹11,00,000 |
Austere Systems IPO Subscription Status
The subscription status for Austere Systems IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 24.68x | 1,015.56x | 644.91x | -- | 548.92x |
IPO Performance on Listing Day
On the listing day (September 12, 2025), Austere Systems made an exceptional debut on the stock exchange. The stock opened at ₹75.55, commanding a remarkable premium of 37.4% over its issue price of ₹55. The systems company continued its stellar performance throughout the trading session, reaching a day high of ₹79.32, while finding support at ₹71.78 during brief consolidation. The shares concluded their first trading day at ₹79.32, which also marked the day’s high, delivering an outstanding gain of 44.2% over the issue price, reflecting exceptional investor confidence in the technology systems sector and strong market enthusiasm for this IT solutions provider.
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹75.55 | ₹79.32 | ₹79.32 | ₹71.78 |
Austere Systems IPO Company Financials
Austere Systems reports robust performance in FY2025 with Total Income of ₹18.86 crores, managing expenses at ₹13.48 crores, and achieving a strong PAT (Profit After Tax) of ₹4.01 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2023 | ₹15.36 | ₹12.97 | ₹1.81 |
| FY 2024 | ₹18.57 | ₹13.61 | ₹3.78 |
| FY 2025 | ₹18.86 | ₹13.48 | ₹4.01 |
About Company
Austere Systems Limited (ASL), incorporated in 2013, is a software development company that delivers a wide range of IT services and solutions to startups and enterprises. Its core expertise includes software development, SaaS, mobile applications, IT solutions, database management, training, e-commerce, ERP systems, artificial intelligence services, process automation, digital transformation, and data and document management. The company also offers IT consulting, business process outsourcing, and software reselling. With a presence in both global and Indian markets, ASL places a strong focus on serving underserved rural areas in India across both private and government sectors.
ASL provides a variety of specialized services designed to support business growth and operational efficiency. These include mobile application development for iOS, Android, HTML5, and hybrid platforms, as well as custom web application development using modern technologies. The company also offers IT staff augmentation services by providing permanent, temporary, and contract-based staffing solutions. Its digital marketing services cover search engine optimization, search engine marketing, content writing, pay-per-click advertising, and social media marketing. Additionally, ASL delivers managed IT services such as infrastructure monitoring, service desk support, and unified communications. As of July 31, 2025, the company employs 123 professionals, including senior executives, engineers, developers, and administrative staff.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2013 | IT (Information Technology) | View Status |
Know Before Investing
Austere Systems IPO Strengths
- Austere Systems offers a wide range of IT services including software development, SaaS, mobile app development, data management, digital transformation, and AI services, catering to diverse client needs.
- The company’s revenue showed steady growth from ₹15.35 crore in FY23 to ₹18.62 crore in FY25 on an annualized basis, indicating business expansion.
- Long-standing associations with clients across sectors contribute to steady business flow and opportunities for upselling and renewals.
- Emphasis on emerging technologies such as AI, data analytics, and process automation positions Austere Systems to capture new market opportunities.
- Project-based and service-based models allow the company to scale operations flexibly according to market demand and client requirements.
- Headquartered in Pune, a major IT hub, Austere Systems has access to skilled tech talent and industry networks, aiding growth and innovation.
Austere Systems IPO Risks
- A significant portion of revenue comes from government agencies, making the company vulnerable to risks related to government procurement delays, budget constraints, and policy changes.
- Extended payment cycles and delays in receivables from government contracts can impact the company’s liquidity and working capital management.
- The IT industry is highly dynamic with fast-evolving technologies. Failure to keep pace with innovation can reduce competitiveness and market relevance.
- The company faces competition from larger, well-established IT firms as well as niche players, which can lead to pricing pressures and margin erosion.
- Difficulty in recruiting and retaining skilled IT professionals may affect project delivery quality and timelines.
- Revenue dependence on a limited number of clients can pose risks if major clients reduce orders or switch to competitors.
- Handling sensitive data and IT infrastructure exposes the company to risks of cyberattacks and data breaches, with potential legal and reputational consequences.
- Changes in data protection laws, export controls, or IT regulations can increase compliance costs and operational complexity.
Swot Analysis for Austere Systems IPO
Strengths
Global Client Presence, Flexible Engagement Models, Strong Growth and Operational Efficiency
Weaknesses
Working Capital and Receivables Pressure, Geographic Concentration of Development Centers, Brand Awareness
Opportunities
Accelerating Digital Transformation Needs, Expansion into Emerging Tech, Penetration into Untapped Markets
Threats
Intense IT Services Competition, Fast Technology Changes, Currency and Geopolitical Risks
Company Details
Austere Systems Ltd.
Office 301-303, A Square, Plot No. 34 ADC Sector 26, Pradhikaran, Pune, Maharashtra, India, 411044
Phone: +91 97738 23372
Email: compliance@austere.co.in
Website: https://www.austeresystems.com/
IPO Registar Details
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: austere.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
FAQs
The key objectives of Austere Systems SME IPO are:
- Funding the working capital requirements of the company
- General Corporate Purposes
GYR Capital Advisors Pvt. Ltd. is the book-running lead managers for the Austere Systems IPO.
Austere Systems reflects steady financial positioning with revenue rising slightly to ₹18.86 crore in FY25 and net worth strengthening to ₹16.27 crore through equity infusion. Despite PAT moderating to ₹4.01 crore, the company’s improved capital base supports future expansion opportunities in competitive IT services markets.
The issue price for the Austere Systems IPO is set between ₹52 to ₹55 per share.
To invest in two lot of Austere Systems IPO, you need ₹2,08,000 at the lower price band (₹52 per share) or ₹2,20,000 at the upper price band (₹55 per share) for a lot size of 4000 shares.
Austere Systems IPO shares are scheduled to be listed on the Bombay Stock Exchange (BSE) on September 11, 2025.
Refund/unblocking of funds for Austere Systems IPO will begin on September 9, 2025. ASBA/UPI blocks will be removed within 1 working day.
You can sell shares your Austere Systems IPO shares on listing day (September 11, 2025) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.