

Austere Systems
11 Sep '25SME
Min. Investment
₹2,08,000
Issue size
₹15.57 Cr
GMP
Locked
Overall subscription: 4.7x
Expert verdict



IPO dates
03 Sep
Opening
08 Sep
Closing
09 Sep
Allotment
11 Sep
Listing
*Refunds will be initiated on 09 Sep '25

IPO quota
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 2 | 4000 | ₹2,20,000 |


Subscription (as on 04 September 2025, 09:30 AM)
Overall4.7x





About company
Founded: 2015|MD: Mr. Shikhir Gupta
- Austere Systems Limited, established in 2015, is an information technology (IT) services company based in Pune, India. The company specialises in a wide range of services, including software development, mobile application development, SaaS solutions, IT consulting, database management, digital transformation, process automation, and data analytics. Additionally, Austere Systems provides e-commerce platforms, enterprise resource planning (ERP) solutions, and business process outsourcing.
- The company focuses on serving both private and government sectors, with a particular emphasis on underserved rural markets in India through collaborations with state governments and gram panchayats.

Issue Details & Objective
Lot size
2000 Shares
Price band
₹52 to 55
Face value
₹10 per share


Financials

IPO reservation
Anchor investor - 22.04%
QIB - 36.80%
HNI - 11.24%
Retail - 26.01%
FAQs
Should I apply for the Austere Systems IPO?

Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
What is the issue size of Austere Systems IPO?

The issue size of Austere Systems IPO is ₹15.57 Cr
What are the open and close dates for Austere Systems IPO?

The Austere Systems IPO will be open for applications from 03 Sep '25 to 08 Sep '25
What is the lot size and minimum order quantity of Austere Systems IPO?

The lot size of Austere Systems IPO is 2000 Shares and its minimum investment amount is ₹2,08,000.
What is the GMP value of Austere Systems IPO?

Grey market premium (GMP) is a premium amount at which grey market IPO shares are traded before they get listed in the stock exchange. The GMP for Austere Systems IPO is 30.91
