AUSTERE SYSTEMS LIMITED

03 Sep 2025 - 08 Sep 2025 Individual Category SME BSE

Min Investment

₹220000

Price Band

₹52-₹55

Issue Size

20.3 lakhs
Equity Shares

Lot Size

2000 (per lot)

IPO Dates
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03 Sep 2025

Open Date

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08 Sep 2025

Close Date

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09 Sep 2025

Allotment Date

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11 Sep 2025

Listing Date

Austere Systems IPO open date is September 3, 2025, and the closing date is September 8, 2025. This upcoming IPO is offering a total issue size of 28.30 lakh equity shares, entirely a fresh issue. Austere Systems IPO is a book-built issue ipo with an issue price band of Rs 52– Rs 55 per share. The allotment status for Austere Systems' IPO is available as of September 9, 2025. The Austere Systems IPO lot size is 2,000 shares. The minimum investment for retail investors is Rs 2,20,000. The registrar for Austere Systems IPO is Kfin Technologies Ltd. Austere Systems IPO listing date is September 11, 2025.

Know Before Investing

Strengths icon

  • Diversified IT services catering to multiple business domains.
  • Strong expertise in mobile and web application development.
  • Strategic focus on underserved rural Indian markets.

Weaknesses icon

  • Heavy reliance on domestic government sector contracts.
  • Smaller operational scale compared to multinational IT firms.
  • Restricted marketing reach beyond rural and niche markets.

About Austere Systems Limited

Austere Systems Limited, established in 2015, is an India-based technology company specialising in comprehensive IT solutions for startups, SMEs, and global enterprises. Headquartered in Pune, the company delivers services spanning software development, SaaS platforms, mobile and web applications, cloud deployment, and IT consulting. Austere Systems stands out by addressing both urban and rural market needs, partnering with government entities and gram panchayats to implement tailored digital solutions that streamline operations and boost efficiency. With a focus on innovation, the firm utilises emerging technologies and provides industry-specific products such as election monitoring and retail PoS systems. Austere Systems Limited supports business growth with end-to-end product engineering, data analytics, and digital transformation, backed by a team experienced in advanced technology, compliance, and scalability. The company’s client-centric approach contributes to robust results and strong industry relationships.

Founded

2015

Managing Director

Mr. Shikhir Gupta

Parent Organization

-

IPO Objectives

Austere Systems IPO proposes to utilise the Net Proceeds from the Issue towards funding the working capital requirements of the company and general corporate purposes.

Company Promoters

Mr. Rahul Gajanan Teni

Mr. Piyush Gupta

Mr. Shikhir Gupta

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0

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