Austere Systems IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Sep 03 to Sep 09 2025
Price Band
₹52 - 55
Current GMP
₹75.55(+37.36%)
Subscription
1,076.99 times
IPO Details
| IPO Date | September 3, 2025 to September 9, 2025 |
| Listing Date | September 12, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹52 to ₹55 per share |
| Issue Price Final | ₹55 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 28,30,000 shares (aggregating up to ₹15.57 Cr) |
| Reserved for Market Maker | 1,42,000 shares (aggregating up to ₹0.7810 Cr)Wiinance Financial Services Pvt.Ltd. SKI Capital Services Ltd. |
| Net Offered to Public | 26,88,000 shares (aggregating up to ₹14.78 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 76,48,134 shares |
| Share Holding Post Issue | 1,04,78,134 shares |
IPO Date
September 3, 2025 to September 9, 2025
Listing Date
September 12, 2025
Face Value
₹10 per share
Issue Price Band
₹52 to ₹55 per share
Issue Price Final
₹55 per share
Lot Size
2,000 Shares
Sale Type
Fresh Capital
Total Issue Size
28,30,000 shares (aggregating up to ₹15.57 Cr)
Reserved for Market Maker
1,42,000 shares (aggregating up to ₹0.7810 Cr)Wiinance Financial Services Pvt.Ltd. SKI Capital Services Ltd.
Net Offered to Public
26,88,000 shares (aggregating up to ₹14.78 Cr)
Issue Type
Bookbuilding IPO
Listing At
BSE SME
Share Holding Pre Issue
76,48,134 shares
Share Holding Post Issue
1,04,78,134 shares
IPO Subscription Details
| Anchor Investors | 1 |
| Market Maker | 1 |
| QIB (Ex Anchor) | 236.50 |
| Non-Institutional Buyers*** | 2,149.19 |
| bNII (bids above ₹10L) | 2,525.60 |
| sNII (bids below ₹10L) | 1,396.38 |
| Individual Investors (IND category bidding for 2 Lots) | 1,090.81 |
| Total ** | 1,076.99 |
Anchor Investors
1
Market Maker
1
QIB (Ex Anchor)
236.50
Non-Institutional Buyers***
2,149.19
bNII (bids above ₹10L)
2,525.60
sNII (bids below ₹10L)
1,396.38
Individual Investors (IND category bidding for 2 Lots)
1,090.81
Total **
1,076.99
Day Wise Sub
| Day | QIB (Ex Anchor) | NII* | NII (> ₹10L) | NII (< ₹10L) | Individual Investors | Total |
|---|---|---|---|---|---|---|
| Day 1 Sep 3, 2025 | 3.52 | 6.21 | 6.26 | 6.09 | 9.40 | 7.04 |
| Day 2 Sep 4, 2025 | 3.52 | 35.86 | 33.84 | 39.91 | 41.16 | 29.33 |
| Day 3 Sep 5, 2025 | 5.62 | 88.77 | 85.43 | 95.44 | 94.11 | 67.83 |
| Day 4 Sep 8, 2025 | 6.54 | 405.07 | 427.88 | 359.44 | 369.09 | 273.94 |
| Day 5 Sep 9, 2025 | 236.50 | 2,149.19 | 2,525.60 | 1,396.38 | 1,090.81 | 1,076.99 |
DayDay 1
Sep 3, 2025
QIB (Ex Anchor)3.52
NII*6.21
NII (> ₹10L)6.26
NII (< ₹10L)6.09
Individual Investors9.40
Total7.04
DayDay 2
Sep 4, 2025
QIB (Ex Anchor)3.52
NII*35.86
NII (> ₹10L)33.84
NII (< ₹10L)39.91
Individual Investors41.16
Total29.33
DayDay 3
Sep 5, 2025
QIB (Ex Anchor)5.62
NII*88.77
NII (> ₹10L)85.43
NII (< ₹10L)95.44
Individual Investors94.11
Total67.83
DayDay 4
Sep 8, 2025
QIB (Ex Anchor)6.54
NII*405.07
NII (> ₹10L)427.88
NII (< ₹10L)359.44
Individual Investors369.09
Total273.94
DayDay 5
Sep 9, 2025
QIB (Ex Anchor)236.50
NII*2,149.19
NII (> ₹10L)2,525.60
NII (< ₹10L)1,396.38
Individual Investors1,090.81
Total1,076.99
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 12-09-2025 | 55.00 | 32(58.18%) | 87 |
| 11-09-2025 | 55.00 | 32(58.18%) | 87 |
| 10-09-2025 | 55.00 | 30(54.55%) | 85 |
| 09-09-2025 | 55.00 | 32(58.18%) | 87 |
| 08-09-2025 | 55.00 | 28(50.91%) | 83 |
| 07-09-2025 | 55.00 | 25(45.45%) | 80 |
| 06-09-2025 | 55.00 | 25(45.45%) | 80 |
| 05-09-2025 | 55.00 | 25(45.45%) | 80 |
| 04-09-2025 | 55.00 | 23(41.82%) | 78 |
| 03-09-2025 | 55.00 | 17(30.91%) | 72 |
| 02-09-2025 | 55.00 | 15(27.27%) | 70 |
| 01-09-2025 | 55.00 | 10(18.18%) | 65 |
| 31-08-2025 | 55.00 | 10(18.18%) | 65 |
| 30-08-2025 | 55.00 | 10(18.18%) | 65 |
| 29-08-2025 | 55.00 | 10(18.18%) | 65 |
| 28-08-2025 | 55.00 | 10(18.18%) | 65 |
| 27-08-2025 | 55.00 | 10(18.18%) | 65 |
Date12-09-2025
Price55.00
GMP32(58.18%)
Estimate List Price87
Date11-09-2025
Price55.00
GMP32(58.18%)
Estimate List Price87
Date10-09-2025
Price55.00
GMP30(54.55%)
Estimate List Price85
Date09-09-2025
Price55.00
GMP32(58.18%)
Estimate List Price87
Date08-09-2025
Price55.00
GMP28(50.91%)
Estimate List Price83
Date07-09-2025
Price55.00
GMP25(45.45%)
Estimate List Price80
Date06-09-2025
Price55.00
GMP25(45.45%)
Estimate List Price80
Date05-09-2025
Price55.00
GMP25(45.45%)
Estimate List Price80
Date04-09-2025
Price55.00
GMP23(41.82%)
Estimate List Price78
Date03-09-2025
Price55.00
GMP17(30.91%)
Estimate List Price72
Date02-09-2025
Price55.00
GMP15(27.27%)
Estimate List Price70
Date01-09-2025
Price55.00
GMP10(18.18%)
Estimate List Price65
Date31-08-2025
Price55.00
GMP10(18.18%)
Estimate List Price65
Date30-08-2025
Price55.00
GMP10(18.18%)
Estimate List Price65
Date29-08-2025
Price55.00
GMP10(18.18%)
Estimate List Price65
Date28-08-2025
Price55.00
GMP10(18.18%)
Estimate List Price65
Date27-08-2025
Price55.00
GMP10(18.18%)
Estimate List Price65
IPO Important Dates
| IPO Open Date | Wed, Sep 3, 2025 |
| IPO Close Date | Tue, Sep 9, 2025 |
| Tentative Allotment | Wed, Sep 10, 2025 |
| Initiation of Refunds | Thu, Sep 11, 2025 |
| Credit of Shares to Demat | Thu, Sep 11, 2025 |
| Tentative Listing Date | Fri, Sep 12, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Tue, Sep 9, 2025 |
IPO Open Date
Wed, Sep 3, 2025
IPO Close Date
Tue, Sep 9, 2025
Tentative Allotment
Wed, Sep 10, 2025
Initiation of Refunds
Thu, Sep 11, 2025
Credit of Shares to Demat
Thu, Sep 11, 2025
Tentative Listing Date
Fri, Sep 12, 2025
Cut-off time for UPI mandate confirmation
5 PM on Tue, Sep 9, 2025
IPO Lot Size
| 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 |
ApplicationIndividual investors (Retail) (Min)
Lots2
Shares4,000
Amount₹2,20,000
ApplicationIndividual investors (Retail) (Max)
Lots2
Shares4,000
Amount₹2,20,000
ApplicationS-HNI (Min)
Lots3
Shares6,000
Amount₹3,30,000
ApplicationS-HNI (Max)
Lots9
Shares18,000
Amount₹9,90,000
ApplicationB-HNI (Min)
Lots10
Shares20,000
Amount₹11,00,000
Financial Information
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 18.63 | 12.23 | 8.60 |
| Total Income | 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 |
| Reserves and Surplus | 8.62 | 8.99 | 4.84 |
| Total Borrowing | 0.48 | 0.44 | 0.79 |
Period EndedPeriod Ended
31 Mar 202531 Mar 2025
31 Mar 202431 Mar 2024
31 Mar 202331 Mar 2023
Period EndedAssets
31 Mar 202518.63
31 Mar 202412.23
31 Mar 20238.60
Period EndedTotal Income
31 Mar 202518.86
31 Mar 202418.66
31 Mar 202315.40
Period EndedProfit After Tax
31 Mar 20254.01
31 Mar 20244.15
31 Mar 20231.77
Period EndedEBITDA
31 Mar 20256.05
31 Mar 20246.28
31 Mar 20232.88
Period EndedNet Worth
31 Mar 202516.27
31 Mar 20249.00
31 Mar 20234.85
Period EndedReserves and Surplus
31 Mar 20258.62
31 Mar 20248.99
31 Mar 20234.84
Period EndedTotal Borrowing
31 Mar 20250.48
31 Mar 20240.44
31 Mar 20230.79
Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio |
|---|---|---|---|---|---|---|
| Austere Systems | 5.35 | 5.35 | 21.28 | 24.66 | ||
| ASM Technologies | 21.13 | 21.13 | 1.39 | 167.41 | 15.18 | 3,537.00 |
| Moschip Technologies | 1.76 | 1.70 | 17.19 | 99.53 | 10.20 | 9.94 |
| Infobeans Technologies | 15.59 | 15.51 | 136.33 | 43.53 | 11.43 | 4.96 |
| Onward Technologies | 11.97 | 11.81 | 10.00 | 27.83 | 12.07 | 32.80 |
| 3i Infotech | 1.50 | 1.49 | 18.09 | 15.23 | 8.26 | 1.22 |
Company NameAustere Systems
EPS (Basic)5.35
EPS (Diluted)5.35
NAV (per share) (Rs)21.28
P/E (x)
RoNW (%)24.66
P/BV Ratio
Company NameASM Technologies
EPS (Basic)21.13
EPS (Diluted)21.13
NAV (per share) (Rs)1.39
P/E (x)167.41
RoNW (%)15.18
P/BV Ratio3,537.00
Company NameMoschip Technologies
EPS (Basic)1.76
EPS (Diluted)1.70
NAV (per share) (Rs)17.19
P/E (x)99.53
RoNW (%)10.20
P/BV Ratio9.94
Company NameInfobeans Technologies
EPS (Basic)15.59
EPS (Diluted)15.51
NAV (per share) (Rs)136.33
P/E (x)43.53
RoNW (%)11.43
P/BV Ratio4.96
Company NameOnward Technologies
EPS (Basic)11.97
EPS (Diluted)11.81
NAV (per share) (Rs)10.00
P/E (x)27.83
RoNW (%)12.07
P/BV Ratio32.80
Company Name3i Infotech
EPS (Basic)1.50
EPS (Diluted)1.49
NAV (per share) (Rs)18.09
P/E (x)15.23
RoNW (%)8.26
P/BV Ratio1.22
IPO Reservation
| Market Maker Shares Offered | 1,42,000 (5.02%) |
| QIB Shares Offered | 13,36,000 (47.21%) |
| − Anchor Investor Shares Offered | 8,00,000 (28.27%) |
| − QIB (Ex. Anchor) Shares Offered | 5,36,000 (18.94%) |
| NII (HNI) Shares Offered | 4,08,000 (14.42%) |
| − bNII > ₹10L | 2,72,000 (9.61%) |
| − sNII < ₹10L | 1,36,000 (4.81%) |
| Retail Shares Offered | 9,44,000 (33.36%) |
| Total Shares Offered | 28,30,000 (100.00%) |
Market Maker Shares Offered
1,42,000 (5.02%)
QIB Shares Offered
13,36,000 (47.21%)
− Anchor Investor Shares Offered
8,00,000 (28.27%)
− QIB (Ex. Anchor) Shares Offered
5,36,000 (18.94%)
NII (HNI) Shares Offered
4,08,000 (14.42%)
− bNII > ₹10L
2,72,000 (9.61%)
− sNII < ₹10L
1,36,000 (4.81%)
Retail Shares Offered
9,44,000 (33.36%)
Total Shares Offered
28,30,000 (100.00%)
Information about company
Incorporated in 2013, Austere Systems Limited (ASL) is a software development company specializing in IT services and solutions for startups and enterprises.
The company specializes in software development, SaaS, mobile apps, IT solutions, database management, training, e-commerce, ERP, AI services, process automation, digital transformation, and data/document management.
The company resells software, offers business process outsourcing, IT consulting, and serves global and Indian clients, focusing on underserved rural markets in India, including both private and government sectors.
Services:
Mobile Application Development: The company develops iOS, Android, HTML5, and hybrid apps, offering scalable and efficient mobile solutions for businesses.
Web Application Development: The company provides custom web solutions using modern technologies to enhance businesses' online presence and communication.
IT Staff Augmentation: The company offers staffing solutions, including permanent, temporary, and contract positions, optimizing recruitment processes for businesses.
Digital Marketing: The company specializes in SEO, SEM, content writing, PPC, and social media marketing to enhance online visibility.
Managed Services Support: The company offers IT infrastructure monitoring, service desk support, and unified communications, ensuring smooth business operations.
As of July 31, 2025, the company has 123 employees, including senior executives, engineers, developers and administrative staff.
Competitive Strengths:
Global and Domestic Client base from different set of industries thereby mitigating the risk of customer concentration.
The Company ensures businesses stay competitive by rapidly adapting to and leveraging the latest technological advancements.
Experienced Promoter and Strong Management
Comprehensive Service and In-House Product Portfolio
Empowering State Governments in urban/rural areas with innovative in-house products, unlocking the potential of untapped rural markets.
Objectives of IPO
The Company Austere Systems IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
S.No.
Objects of the Issue
Expected Amount (₹ in crores)
1
Funding the working capital requirements of the company
11.60
2
General Corporate Purposes
Disclaimer
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