
19.85x
subscribed
Austere Systems IPO
IT - Software
open
19.85x
subscribed
₹2.08LMin. investment
About Austere Systems Limited
Issue size
₹15Cr
IPO type
SME
Market Cap
₹57.63CrLower than sector avg
Price range
₹52.00 – ₹55.00
Listing ExchangeBSE
RevenueApr 2024 - Mar 2025
₹18.62CrLower than sector avg
Lot size
2000 shares
Red Herring Prospectus
Read
Growth rate3Y CAGR
6.63%Higher than sector avg
SectorIT - Software
Price range₹52.00 – ₹55.00
IPO type
SME
Lot size2000 shares
Issue size₹15Cr
Red Herring Prospectus
Read
Market Cap
₹57.63CrLower than sector avg
RevenueApr 2024 - Mar 2025
₹18.62CrLower than sector avg
Growth rate3Y CAGR
6.63%Higher than sector avg
Checklist
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Companies in this sectorObjectives
Working Capital Requirements
74.50%
General corporate purposes
25.50%
About Austere Systems Limited
Incorporated in 2015, Austere System is an IT solutions provider offering software development, SaaS, ERP/MIS solutions, AI & analytics, process automation, and cloud services as an AWS partner. In FY25, the company served more than 72 clients. In terms of revenue mix, 85.05% came from India, 10.07% from the USA, and 4.35% from the UK. Service-based projects contributed 82.80% to revenue, while in-house products accounted for 17.20%. The company’s in-house products include the election monitoring system, Retail PoS software & mobile application, litigation management system, and social media tracing (D2P2) analysis. By domain, analytics and AI formed the largest share at 71.67%, while in-house products contributed 28.33%.
IPO Subscription Status
Frequently asked questions
How to invest in the IPO?
Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.
What is the issue size of Austere Systems IPO ?
The issue size of the Austere Systems IPO is 15 Cr.
What is 'pre-apply' for Austere Systems IPO ?
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
Which exchanges will Austere Systems IPO shares list on?
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Bidding closes on 8 Sep 2025, 5:00 PM
Timeline
- Pre-apply2 Sep 2025
- Bidding starts3 Sep 2025
- Bidding ends8 Sep 2025
- Allotment finalisation9 Sep 2025
- Release of funds10 Sep 2025
- Demat transfer10 Sep 2025
- Listing11 Sep 2025
Bidding closes on 8 Sep 2025, 5:00 PM