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Austere Systems IPO Listing at 37.36% Premium at ₹75.55 Per Share

Fri Sep 12 2025

Austere Systems IPO Listing at 37.36% Premium at ₹75.55 Per Share

Check Experts’ Verdicts on Austere Systems Limited

Austere Systems IPO Listing: The Austere Systems IPO was subscribed 1,076.99 times as of its closing. In this subscription, qualified institutional buyers (QIBs) received 2,149.19 times the allocation, and non-institutional investors (NIIs) received 2,149.19 times the allocation. The retail quota of the issue was subscribed to 33.36%. Before delving deeper into the topic, go through the details of the Austere Systems IPO.

Austere Systems IPO Listing

On the BSE and SME platforms, shares are listed at ₹75.55, reflecting a premium of 37.36% against the issue price of ₹55 per share.

Austere Systems IPO Details

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, 12th September 2025. 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.

IPO Open Date3rd September 2025
IPO Close Date8th September 2025
IPO Allotment Date9th September 2025
Refund Initiation 9th September 2025
Issue Size28,30,000 shares(aggregating up to ₹60.01 Cr)
Face Value₹10 per share
Lot Size2,000 shares
Issue Price Band₹52.00 to ₹55.00 per share
Issue TypeBookbuilding IPO
Listing AtBSE & SME
Listing Date11th September 2025

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 Ended31st March 2025 (in cr.)31st March 2024 (in cr.)31st March 2023 (in cr.)
Assets18.6312.238.60
Revenue18.8618.6615.40
Profit After Tax4.014.151.77
EBITDA6.056.282.88
Net Worth16.279.004.85
Reserve and surplus8.628.994.84
Total Borrowing0.480.440.79

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.

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