
Austere Systems IPO GMP & Review: Apply or Avoid?
Posted by : sachet | Tue Sep 16 2025

Austere Systems IPO is open for bidding from 3rd September 2025 to 8th September 2025. It is a book-building IPO of ₹15.57 crore, comprising a fresh issue of 0.28 crore shares and an offer for sale of 0.07 crore shares. The problem will be listed on BSE and SME on its tentative listing date, 2nd September 2025.
Austere Systems IPO Details
The Austere Systems IPO date is scheduled between September 3, 2025, and September 8, 2025. The face value of Austere Systems’ IPO shares is ₹10 per share, and the IPO price is set at ₹52.00 to ₹ 55.00 per share.
Kfin Technologies Limited is the registrar of the Austere Systems IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below.
IPO Open Date | 3rd September 2025 |
IPO Close Date | 8th September 2025 |
IPO Allotment Date | 9th September 2025 |
Refund Initiation | 9th September 2025 |
Issue Size | 28,30,000 shares(aggregating up to ₹60.01 Cr) |
Face Value | ₹10 per share |
Lot Size | 2,000 shares |
Issue Price Band | ₹52.00 to ₹55.00 per share |
Issue Type | Bookbuilding IPO |
Listing At | BSE & SME |
Listing Date | 11th September 2025 |
Austere Systems IPO Share Reservation
Austere Systems IPO is a bookbuilding IPO of ₹15.57 crores, comprising a fresh issue of 0.28 crore shares of Austere Systems, which will be listed on the BSE and SME. Furthermore, SEBI has specified the share reservation criteria for different investor categories.
Investor Categories | Shares Offered | % Shares Offered |
Market Maker Shares Offered | 1,42,000 | 5.02% |
QIB Shares Offered | 13,36,000 | 47.21% |
Retail Shares Offered | 9,44,000 | 33.36% |
NII (HNI) Shares Offered | 4,08,000 | 14.42% |
Total Shares Offered | 28,30,000 | 100.00% |
Austere Systems IPO GMP Grey Market Premium
GMP is the gap between the price band of the issue and the price at which company shares are currently trading in the grey market. Do you want to get live updates on the Austere Systems IPO? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.
GMP Date | IPO Price | GMP | Estimated Listing Price | Estimated Listing Gains |
30-08-2025 | ₹55.00 | ₹10.00 | ₹65.00 | 18.18% |
29-08-2025 | ₹55.00 | ₹10.00 | ₹65.00 | 18.18% |
28-08-2025 | ₹55.00 | ₹10.00 | ₹65.00 | 18.18% |
27-.8-2025 | ₹55.00 | ₹10.00 | ₹65.00 | 18.18% |
As of August 22, 2025, the GMP of Austere Systems’ IPO stands at ₹10 per share, indicating that the share is likely to list at ₹65 on its tentative listing date, September 11, 2025.
GMP data is subject to change based on market trends and sentiments. Please verify the live GMP status before applying for the Austere Systems GMP. Stay informed with Univest to know about real-time insights on IPOs and their GMP trends.
Austere Systems IPO GMP Review

Check out the detailed Austere Systems GMP IPO review for a thorough understanding of its potential and the listing gains it may report on 11th September 2025. The Austere Systems IPO review below will help you invest effectively to avoid significant losses. Explore more to make informed investment decisions on this IPO.
Financial Health
Assess a company’s financial performance to know about its ability to sustain a competitive edge. Thus, it is essential to understand the growth margins and declines of the business’s financials before applying for the Austere Systems IPO.
Austere Systems Limited’s revenue increased by 1% from ₹18.66 crores in March 2024 to ₹18.86 crores in March 2025. Moreover, the company’s PAT fell by 3% from ₹4.15 crores to ₹4.01 crores.
Austere Systems Limited’s IPO has shown consistent revenue growth, indicating that the company is financially stable. Moreover, the brokers, investors, and RAs have a positive outlook for the Austere Systems IPO for its tentative listing day, 11th September 2025.
Technical Analysis
Several technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technical aspects of the Austere Systems IPO.
Key Indicators | Value |
PE Ratio (Price-to-Earnings) | 10.48 |
EPS (Earnings Per Share) | 5.25 |
RoNW | 24.66% |
ROCE | 33.12% |
ROE | 31.76% |
EBITDA Margin | 32.06% |
Price to Book Value | 2.58 |
Market Capitalisation | ₹57.63 Cr |
The P/E ratio of Austere Systems Limited’s share is 9.13, and its Earnings Per Share (EPS) stands at 12.15. Thus, the Austere Systems Limited IPO can potentially deliver gains on its tentative listing date, 2nd September 2025.
Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Austere Systems Limited are subject to change after the IPO. Refer to the table below for post-issue updates on these two metrics.
Austere Systems Limited IPO Peer Comparison
Company Name | EPS | P/E Ratio | RoNW | Face value | Revenue |
Austere Systems Industries Limited | 5.35 | 10.48 | 24.26 | ₹10 | 18.62 |
ASM Technologies | 21.13 | 167.41 | 15.18 | ₹10 | 124 |
Moschip Technologies | 1.76 | 99.53 | 10.20 | ₹2 | 136 |
Infobeans Technologies | 15.59 | 43.53 | 11.43 | ₹10 | 409 |
Onward Technologies | 11.97 | 27.83 | 12.07 | ₹10 | 499 |
3i Infotech | 1.50 | 15.23 | 8.26 | ₹10 | 752 |
Austere Systems IPO Subscription Status
The Austere Systems IPO is scheduled to open for bidding on September 3, 2025. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live Austere Systems IPO subscription status.
Investor Category | Shares Offered | Shares Subscribed | Subscription to the Times |
Market Maker Shares Offered | 1,42,000 | Yet to be announced | Yet to be announced |
QIB Shares Offered | 13,36,000 | Yet to be announced | Yet to be announced |
Retail Shares Offered | 9,44,000 | Yet to be announced | Yet to be announced |
NII (HNI) Shares Offered | 4,08,000 | Yet to be announced | Yet to be announced |
Total Shares Offered | 28,30,000 | Yet to be announced | Yet to be announced |
About Austere Systems Limited

Founded in 2015, Austere System Ltd specialises in an extensive array of services, including software development, Software as a service (SaaS), mobile application development, information technology solutions, database management, IT-enabled services, training and development, and Digital Transformation. It also engages in reselling software products and providing business process outsourcing and knowledge management solutions, alongside IT consulting and advisory services.
Austere Systems Limited Financials
The company’s financial analysis is essential before applying for the Austere Systems IPO. Look at the table to learn about Austere Systems Limited’s financials.
Year Ended | 31st March 2025 (in cr.) | 31st March 2024 (in cr.) | 31st March 2023 (in cr.) |
Assets | 18.63 | 12.23 | 8.60 |
Revenue | 18.86 | 18.66 | 15.40 |
Profit After Tax | 4.01 | 4.15 | 1.77 |
EBITDA | 6.05 | 6.28 | 2.88 |
Net Worth | 16.27 | 9.00 | 4.85 |
Reserve and surplus | 8.62 | 8.99 | 4.84 |
Total Borrowing | 0.48 | 0.44 | 0.79 |
Explanation
Austere Systems Limited’s revenue increased by 1% from ₹18.66 crores in March 2024 to ₹18.86 crores in March 2025. Moreover, the company’s PAT fell by 3% from ₹4.15 crores to ₹4.01 crores.
Austere Systems IPO Bidding Requirements
Investors can bid for a minimum of 4,000 shares and in multiples of 2,000 shares thereof. The following table represents the minimum and maximum investments by individual investors (retail) and HNI in terms of shares and amount.
Application | Lots | Shares | Amount |
Individual Investors (Retail) (Min) | 2 | 4,000 | ₹2,20,000 |
Individual Investors (Retail) (Max | 2 | 4,000 | ₹2,20,000 |
S-HNI (Min) | 3 | 6,000 | ₹3,30,000 |
S-HNI (Max) | 9 | 18,000 | ₹9,90,000 |
B-HNI (Min) | 10 | 20,000 | ₹11,00,000 |
Austere Systems IPO has reserved lot sizes for different investor categories. Refer to the table below to view the requirements for applying to this IPO.
Use the lot size calculator to find how many shares you should apply for!
Austere Systems IPO Promoter Holding
Have a look at the table below to check the holdings of Austere Systems Limited’s promoters: Mr. Debajit Choudhury, Ms. Rina Choudhury, Ms. Susmita Mukherjee, Ms. Debahuti Chatterjee, and Ms. Nita Dey.
Share Holding Pre-Issue | 91.67% |
Share Holding Post-Issue | – |
Note: The value will be calculated using Equity Dilution = Share Holding Pre-Issue – Share Holding Post-Issue.
Aim of the Austere Systems IPO
The primary aim of the Austere Systems IPO is to raise ₹15.57 crores. On the other hand, Austere Systems has decided to utilise these funds in different ways. Explore some of the secondary objectives for the Austere Systems IPO.
- To fund the working capital requirements of the company
- To meet general corporate purposes
Should I Invest in the Austere Systems IPO?
Explore the pros and cons of Austere Systems to know whether you should apply or avoid the issue. These pros and cons may help you understand the IPO’s efficiency in delivering profits in the coming decades.
Pros of Austere Systems IPO
- With over 100 clients worldwide, the company takes pride in maintaining strong client relationships. Its steady track record of successful project execution and client satisfaction makes it a trusted partner.
- The company recognises that in today’s fast-paced digital world, the ability to adapt quickly to new technologies is crucial for businesses aiming to remain competitive and innovative.
- The company’s extensive service portfolio includes web application development, retail store operation applications, proof of concept, and RFP creation.
- The company plays a pivotal role in assisting state governments, particularly in rural areas, by providing tailored solutions through its in-house products and services.
- Its management has developed a proactive approach to technology adoption, which involves closely monitoring emerging trends and integrating them into its services.
Cons of Austere Systems IPO
- Though early technology adoption gives the company a competitive edge, riding on the innovation wave comes with its own challenges. It mitigates risks associated with demand volatility.
- The company derives a significant portion of its revenue from contracts with government agencies.
- Delay in Receivables from Government Contracts and Capital Blocking
- Bureaucratic procedures, budgetary constraints, administrative inefficiencies, or changes in government policy may influence these delays.
How to Apply for the Austere Systems IPO?

Check the steps mentioned below to apply for Austere Systems Limited.
- Step 1: Conduct thorough research on the Austere Systems IPO GMP, subscription status, issue size, lot size, and other details.
- Step 2: Open a demat account on Univest to learn about real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO section.
- Step 3: Make a bid for two lots of 4,000 shares worth ₹2,20,000.
- Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.
Note: You can apply for the Austere Systems IPO from more than one demat account to increase your chances of allotment.
How to Check Austere Systems IPO Allotment Status?
You can check whether the Austere Systems IPO allotment has been completed in different ways. These include BSE and the registrar portal. Look at the steps mentioned below to check your allotment status online.
Check On BSE
- Visit the BSE Official Website.
- Navigate to the IPO Allotment Section.
- Select Equity as the issue type.
- Choose the Austere Systems IPO.
- Choose whether to proceed with the PAN number or the application number.
- Submit your details to get the allotment status online.
Check On the Registrar Portal
- Visit the registrar portal.
- Click on the allotment option.
- Fill in the required details.
- Click on the submit button to know your Austere Systems IPO allotment status.
Let’s Wrap
Austere Systems IPO is a bookbuilding issue of shares worth ₹15.57 crores. The shares of Austere Systems Limited will be listed on BSE and SME on its tentative listing date of 11th September 2025. Researching the Austere Systems IPO GMP and reviews is highly suggested to book your ideal profitability. Brokers and investors have highlighted their pros and cons, so one must analyse them and decide accordingly.
Open a demat account on Univest now to initiate your investment journey!
FAQs on Austere Systems IPO
How is the Austere Systems IPO?
Ans. Currently, on 22nd August 2025, the Austere Systems IPO GMP (Grey Market Premium) stands at ₹10. It indicates that the estimated listing price could be ₹65 per share. It is a bookbuilding IPO of ₹60.01 crores, comprising a fresh issue of 0.28 crore shares. The face value of each share of Austere Systems Limited is ₹10 per share.
What is the Austere Systems IPO price?
Ans. The Austere Systems IPO price is set at ₹52.00 to ₹55.00 per share. Retail investors can apply for a minimum of 2 lots consisting of 4,000 shares worth ₹2,20,000. Moreover, HNIs are required to bid for a minimum of 3 lots (6,000 shares) worth ₹3,30,000.
Is the Austere Systems IPO good?
Ans. Austere Systems Limited’s revenue increased by 1% from ₹18.66 crores in March 2024 to ₹18.86 crores in March 2025. Moreover, the company’s PAT fell by 3% from ₹4.15 crores to ₹4.01 crores.
Who is the registrar of the Austere Systems IPO?
Ans. Maashitla Securities Private Limited is the registrar of the Austere Systems IPO, responsible for managing the IPO allotment procedure and refund initiation. For any queries regarding the Austere Systems allotment and refund, you can contact Maashitla Securities Private Limited atreachus@kfintech.com ,04067162222, 04079611000.
What is the issue size of the Austere Systems IPO?
Ans. Austere Systems IPO is a bookbuilding IPO for 0.28 crore shares worth ₹15.57 crores. Moreover, the IPO is set to open on 3rd September 2025 and will be closed on 8th September 2025.
Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Austere Systems IPO, download the Austere Systems IPO RHP and Austere Systems IPO DRHP. Conduct your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.
Upcoming IPOs
IPO Names | Expected Year of IPO |
PhonePe IPO | 2025 |
Bajaj Energy IPO | 2025 |
OYO IPO | 2025 |
Austere Systems IPO | 2025 |
Flipkart IPO | 2025 |
Zepto IPO | 2025 |
boAt IPO | 2025 |
Meesho IPO | 2025 |
Jio IPO | 2026 |
NSE IPO | 2025 |
Current & Previous IPOs
Company | IPO Open | IPO Close | Type |
ARC Insulation & Insulators IPO | 21st August 2025 | 25th August 2025 | SME |
Mangal Electricals Industries IPO | 20th August 2025 | 22nd August 2025 | Mainboard |
Patel Retail IPO | 19th August 2025 | 21st August 2025 | Mainboard |
Vikram Solar IPO | 19th August 2025 | 21st August 2025 | Mainboard |
Gem Aromatics IPO | 19th August 2025 | 21st August 2025 | Mainboard |
Shreeji Shipping Global IPO | 19th August 2025 | 21st August 2025 | Mainboard |
LGT Business Connextions IPO | 19th August 2025 | 21st August 2025 | SME |
Studio LSD IPO | 18th August 2025 | 20th August 2025 | SME |
Regaal Resources IPO | 12th August 2025 | 14th August 2025 | Mainboard |
Bluestone Jewellery IPO | 11th August 2025 | 13th August 2025 | Mainboard |
JSW Cement IPO | 7th August 2025 | 11th August 2025 | Mainboard |
Read Our Articles on the Best Stocks
Tech Stocks in India to Invest in 2025 | Tech Sector Stocks
Best Battery Stocks in India to Invest in 2025 | Battery Sector Stocks
Best Shipping Stocks in India to Invest in 2025 | Shipping Sector Stocks
Paint Stocks in India to Invest in 2025 | Paint Sector Stocks
Paper Stocks in India to Invest in 2025 | Paper Sector Stocks
Best Semiconductor Stocks in India 2025
Best Large Cap Stocks in India 2025
Best Cement Stocks To Invest in India
Also Explore
Best Stocks | Multibagger Stocks | Penny Stocks | Fundamentally Strong Stocks | Sector-Wise Stocks | PSU /Government Stocks |
For the Next 10 Years | For the Next 5 Years | Solar Penny Stocks | On BSE | Solar Energy Sector | PSU Stocks List |
Long Term | Below 100 Rs | Top 5 Penny Stocks | For Long-Term | Hospitality Sector | PSU Stocks in 2025 |
Best Bike Stocks | For 2025 | Best Penny Stocks in India | Penny Shares | Hotel Sector | Government Stocks in 2024 |
Best Liquor Stocks | High-Growth Stocks | For 2025 | Agriculture Sector | Government Stocks List | |
Best Railway Stocks | Under 500 | Penny Stocks | Pharma Sector | Government Stocks in 2025 | |
Best Auto Stocks | For 2026 | Oil and Gas Sector |
Univest Screeners
Explore Webstories on Univest
1. Best Time To Buy Dividend Stocks
2. How RBI Policies Affect Dividend Stocks
3. Can Dividend Stocks Beat Inflation
4. What Is The Dividend Aristocrat List