Austere Systems IPO Date, Review, Price, Details

Austere Systems is set to launch its IPO on the BSE SME platform from September 3 to September 8, 2025, aiming to raise approximately ₹15.57 crores through a book-built issue with a price band of ₹52 to ₹55 per share. The offering consists solely of a fresh issue, and there will be no offer for sale. The retail investor allocation is 35%, QIBs get 50%, and NIIs are allotted 15%, with the minimum application being 4,000 shares. Allotment will be finalized on September 9, 2025, and listing is expected on September 11, 2025.

In terms of its financials, Austere Systems reported a consistent revenue increase, reaching ₹18.66 crores in 2024 from ₹15.39 crores the previous year, along with a profit jump from ₹1.81 crores to ₹3.78 crores across the same timeframe. The company operates in IT services and software development, serving both private and government sectors in India as well as overseas clients. With strong margins and growing profits, the IPO appears appealing for long-term investors looking for stability and growth; however, it’s still wise to evaluate financial health and market trends before investing.

Austere Systems is set to launch its IPO on the BSE SME platform from September 3 to September 8, 2025, aiming to raise approximately ₹15.57 crores through a book-built issue with a price band of ₹52 to ₹55 per share. The offering consists solely of a fresh issue, and there will be no offer for sale. The retail investor allocation is 35%, QIBs get 50%, and NIIs are allotted 15%, with the minimum application being 4,000 shares. Allotment will be finalized on September 9, 2025, and listing is expected on September 11, 2025.

Austere Systems IPO Market Lot Size

The Austere Systems IPO minimum market lot is 4,000shares with ₹2,20,000 application amount.

Application

Lot Size

Shares

Amount

Retail Minimum

2

4,000

₹2,20,000

Retail Maximum

2

4,000

₹2,20,000

S-HNI Minimum

3

6,000

₹3,30,000

S-HNI Maximum

9

18,000

₹9,90,000

B-HNI Minimum

10

20,000

₹11,00,000

Austere Systems IPO Details

IPO Open Date:

September 3, 2025

IPO Close Date:

September 8, 2025

Face Value:

₹10 Per Equity Share

IPO Price Band:

₹52 to ₹55 Per Share

Issue Size:

Approx ₹15.57 Crores

Fresh Issue:

Approx ₹15.57 Crores

Offer for Sale:

2000 Shares

Issue Type:

Book Built Issue

IPO Listing:

BSE SME

Retail Quota:

Not more than 35%

QIB Quota:

Not more than 50%

NII Quota:

Not more than 15%

Austere Systems IPO Valuation – FY2025 (KPI)

Check Austere Systems IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

KPI

Values

ROE:

-%

ROCE:

56.28%

EBITDA Margin:

31.02%

PAT Margin:

-%

Debt to equity ratio:

0.05

Earning Per Share (EPS):

₹5.39 (Basic)

Price/Earning P/E Ratio:

N/A

Return on Net Worth (RoNW):

43.32%

Net Asset Value (NAV):

₹12.44

Austere Systems IPO Company Financial Report

The company reported revenue of ₹18.66 crores in 2024 against ₹15.39 crore in 2023. The company reported profit of ₹3.78 crores in 2024 against profit of ₹1.81 crores in 2023.

Amount ₹ in Crores

Period Ended

Revenue

Expense

Profit After Tax

Assets

2022

₹12.30

₹11.36

₹0.76

₹-

2023

₹15.36

₹12.97

₹1.81

₹8.60

2024

₹18.57

₹13.61

₹3.78

₹12.23

Austere Systems IPO Dates

The Austere Systems IPO date is September 3 and the close date is September 8. The Austere Systems IPO allotment will be finalized on September 9 and the IPO listing on September 11.

IPO Open Date:

September 3, 2025

IPO Close Date:

September 8, 2025

Basis of Allotment:

September 9, 2025

Refunds:

September 10 2025

Credit to Demat Account:

September 10, 2025

IPO Listing Date:

September 11, 2025

Promoters of Austere Systems IPO

The promoters of the company are Mr. Rahul Gajanan Teni, Mr. Piyush Gupta and Mr. Shikhir Gupta.

About Austere Systems IPO

Austere Systems Limited, established in 2013, has emerged as a dynamic player in the software development and IT services landscape, catering to both startups and established organizations. The company offers a comprehensive suite of technology solutions, including product development, SaaS platforms, custom mobile applications, database management, e-commerce, ERP, artificial intelligence, digital transformation, and automation services. Beyond software, Austere Systems provides IT consulting, BPO operations, and acts as a software reseller, serving clients locally and internationally.

Austere Systems distinguishes itself with a strong focus on India’s rural and semi-urban sectors, partnering with both private and government agencies to deliver tailored digital services that address the unique challenges of these markets. The company’s offerings span from web and mobile app development to IT staff augmentation, digital marketing, and full-scale managed support services. As of July 31, 2025, Austere Systems employed 123 permanent professionals and credits its rapid growth and strong reputation to an experienced leadership team, robust in-house product capabilities, and a management structure committed to innovation and quality delivery.

Peer Group Comparison

Company

EPS

PE Ratio

RoNW %

NAV

Income

ASM Technologies

Limited

3.44

261.22

2.27

138.35

134.12 Cr.

Moschip

Technologies Ltd

0.35

276.75

1.92

14.57

226.05 Cr.

Infobeans

Technologies Ltd

11.89

31.02

10.71

111.05

242.58 Cr.

Onward Technologies Ltd

12.37

36.59

14.79

83.28

356.23 Cr.

3i Infotech Ltd

12.06

124.18

20.40

59.07

2085.22Cr.

Objects of the Issue
  • Funding the company’s working capital requirements to the tune of approximately ₹11.60 crores.

  • Allocating the remaining funds for general corporate purposes, which may include business expansion, infrastructure development, and other operational needs.

  • The IPO consists entirely of a fresh issue of equity shares.

  • The total IPO size is around ₹15.57 crores.

  • This allocation strategy is aimed at supporting the company’s growth and operational efficiency.

Merchant Bankers
  • GYR Capital Advisors Pvt.Ltd
Company Address

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 IPO Registrar

Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://ipostatus.kfintech.com/

Check Grey market premium at below 

(GMP)

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