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  1. Austere Systems IPO allotment: How to check status online on BSE, KFin Technologies; listing date here

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Austere Systems IPO allotment: How to check status online on BSE, KFin Technologies; listing date here

Kamal Joshi

3 min read | Updated on September 10, 2025, 12:23 IST

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SUMMARY

Austere Systems IPO allotment: The initial public offering sought to raise ₹15.57 crore through fresh issuance of 28,30,000 shares without an offer for sale (OFS) component.

Austere Systems is involved in software development, specialising in IT services and solutions for start-ups and enterprises. | Image: Austeresystems.com

Austere Systems is involved in software development, specialising in IT services and solutions for start-ups and enterprises. | Image: Austeresystems.com

Austere Systems IPO allotment status is expected to be finalised on Wednesday, September 10, 2025, following a robust response from all investor categories during the bidding period.

The initial share sale attracted bids for 2,03,36,10,000 equity shares, leading to a massive 1,001.78 times subscription compared to 20,30,000 shares on offer, according to the data available on the BSE website.

CategoryReservedNo of Shares Bid ForNo of Times
Qualified Institutional Buyers5,36,00012,67,62,000236.50
Non-Institutional Investors5,50,00087,70,12,0001,594.57
Retail Investors9,44,0001,02,98,36,0001,090.93
Total20,30,0002,03,36,10,0001,001.78

The initial public offering sought to raise ₹15.57 crore via fresh issuance of 28,30,000 shares without an offer for sale (OFS) component. The price band was fixed at ₹52 to ₹55 per share, and the least investment for individual investors was 4,000 shares.

The funds raised are intended to be used for general corporate purposes and working capital requirements.

Austere Systems is involved in software development, specialising in information technology (IT) services and solutions for startups and enterprises.

Austere Systems IPO allotment date and time: When and where to check

The basis of allotment of Austere Systems is expected to be finalised on Wednesday, September 10. The bid finalisation details will be out on the BSE and KFin Technologies websites by late evening.

How to check Austere Systems IPO allotment status online on KFin Technologies

  • Go to the official page of registrar KFin Technologies at https://ipostatus.kfintech.com/
  • Choose 'Austere Systems Limited' from the list of IPO names
  • Mention your IPO application number, Demat account number or PAN card details
  • Post the Captcha verification, press 'Submit'

Austere Systems IPO allotment status online on BSE: Step-by-step guide

  • Visit BSE's IPO allotment portal: https://bseindia.com/investors/appli_check.aspx
  • The issue type should be kept as 'Equity'
  • Select 'Austere Systems Limited' from the ‘Issue Name’ list
  • Add your IPO application number or PAN
  • Hit the 'Search' button

When will Austere Systems IPO shares be listed?

Shares of Austere Systems will be listed on the BSE SME platform on Friday, September 12.

Austere Systems IPO GMP

According to investorgain.com and media reports, Austere Systems' unlisted shares are trading at ₹87 per share, reflecting a grey market premium, or GMP, of 58.18% over the upper price band of ₹55.

Disclaimer: Grey Market Premium, or GMP, is an unofficial indicator of market sentiment toward an IPO. It is not regulated by the stock exchanges or SEBI. Upstox neither supports nor encourages grey market trading. Investors are advised to conduct their own research or consult an expert before making any investment decisions.
To learn more about IPOs, their listings, schedules, and upcoming IPOs, visit our page.

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About The Author

Kamal Joshi
Kamal Joshi is a business journalist who covers industries, markets, and IPOs. He is passionate about breaking news and enjoys playing tennis, especially flexing his backhand. He was previously associated with Republic TV and LatestLY.