Austere Systems
BSE SMEOpen
BSE SMEOpen
IPO Closes in
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IPO Timeline
Issue open date
3 Sep 2025Issue close date
8 Sep 2025UPI mandate deadline
8 Sep 2025Allotment finalization
9 Sep 2025Refund initiation
9 Sep 2025Share credit
10 Sep 2025Listing date
11 Sep 2025Mandate end date
23 Sep 2025Lock-in end date for anchor investors (50%)
9 Oct 2025Lock-in end date for anchor investors (remaining)
8 Dec 2025Grey Market Premium Trend
₹17
Current GMP
₹72
Est. Listing Price
30.9%
Est. Listing Gain
₹52 - ₹55
Price Band
GMP History
| Date | GMP (₹) | Est. Listing Price (₹) | Est. Listing Gain |
|---|---|---|---|
| 2 Sep | ₹17 | ₹72 | 30.91% |
| 1 Sep | ₹15 | ₹70 | 27.27% |
| 31 Aug | ₹10 | ₹65 | 18.18% |
| 30 Aug | ₹10 | ₹65 | 18.18% |
| 29 Aug | ₹10 | ₹65 | 18.18% |
| 28 Aug | ₹10 | ₹65 | 18.18% |
| 27 Aug | ₹10 | ₹65 | 18.18% |
| 26 Aug | ₹10 | ₹65 | 18.18% |
IPO Closes in
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💸
IPO Subscription Status
| Category | Times | Allotment Chances |
|---|---|---|
| HNIs (Total) | 5.5🔥 | 18.2% |
| bHNI | 5.24🔥 | 19.1% |
| sHNI | 6.04🔥 | 16.6% |
| QIBs | 3.52 | 28.4% |
| Retail | 9.18🔥 | 10.9% |
Last updated: 3 September'25 11:14AM
Key Dates
Open
3 Sep 2025Close
8 Sep 2025Listing
11 Sep 2025Quick Stats
Issue Size:15cr
Lot Size:2000 shares
Issue Details
Issue Size:15cr
Offer for Sale:2,000 Shares
Face Value:₹10
Listing At:BSE SME
Reservation
50%
QIB
15%
NII
35%
Retail
Additional Resources
About the Company
Austere Systems is an IT solutions and digital transformation company that delivers a comprehensive suite of services including software development, mobile and web applications, ERP and MIS systems, SaaS platforms, data analytics, AI, process automation, cloud deployments, IT-enabled services, staff augmentation, and business process outsourcing. Headquartered in Pune, the company also serves global clients across the US, UK, EU, and APAC regions through agile distributed delivery models.
Strengths
- Integrated service portfolio covering software, cloud, AI, and outsourcing.
- Diverse client base including startups, SMEs, enterprises, and government bodies.
- Growing financial performance with improving profitability.
- Experienced management team with domain expertise in IT services.
- Proven track record with 100+ completed projects across sectors.
Risks
- Relatively small revenue base compared to larger IT peers.
- Competitive industry with pressure on pricing and margins.
- High promoter shareholding concentration limits post-listing liquidity.
- Rapid tech shifts require continuous investment in skills and innovation.
Austere Systems IPO – Frequently Asked Questions
- The price band for the Austere Systems IPO is set at ₹52 to ₹55 per share.
- The Austere Systems IPO opens on September 3, 2025 and closes on September 8, 2025.
- The tentative listing date for the Austere Systems IPO is September 11, 2025.
- You can apply for the Austere Systems IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Austere Systems, enter lot quantity and UPI ID, then approve the mandate.
- The lot size for the Austere Systems IPO is 2000 shares. Investors must apply for at least one lot (i.e., 2000 shares).