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Austere Systems Limited
Issue Size (Net)
up to Rs.15.57 Cr
Price Band
Rs.52 to Rs.55 per share
Issue Opens
September 03, 2025
Issue Closes
September 08, 2025

Company Highlights

1.Company Information

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.

2. Competitive Strength

1) Global and Domestic Client base from different set of industries thereby mitigating the risk of customer concentration.
2) The Company ensures businesses stay competitive by rapidly adapting to and leveraging the latest technological advancements.
3) Experienced Promoter and Strong Management
4) Comprehensive Service and In-House Product Portfolio
4) Empowering State Governments in urban/rural areas with innovative in-house products, unlocking the potential of untapped rural markets.

3. Austere Systems IPO Registrar
Kfin Technologies Ltd.

Phone:04067162222, 04079611000
Email: austere.ipo@kfintech.com
Website:https://ipostatus.kfintech.com/

Austere Systems Limited Financial Information (Restated)

Period Ended
Total Assets
Total Revenue
Profit After Tax
EBITDA
Net Worth
Reserves and Surplus
Total Borrowing
31-Mar-25
18.63
18.86
4.01
6.05
16.27
8.62
0.48
31-Mar-24
12.23
18.66
4.15
6.28
9
8.99
0.44
31-Mar-23
8.6
15.4
1.77
2.88
4.85
4.84
0.79
Amount in Rs. Crore

Austere Systems IPO Details

Issue Opening Date September 03, 2025 
Issue Closing Date September 08, 2025
Face Value Rs.10 per share
Price Rs.52 to Rs.55 per share
Lot Size 2,000 Shares
Sale Type Fresh Capital
Issue Size 28,30,000 shares (aggregating up to Rs.15.57 Cr)
Reserved for Market Maker 1,42,000 shares (aggregating up to Rs.0.7810 Cr)
Net Offered to Public 26,88,000 shares (aggregating up to Rs.14.78 Cr)
Issue Type Bookbuilding IPO
Listing At BSE SME

Austere Systems IPO Timeline (Tentative Schedule)

Event Tentative Date
Opening Date Wed, Sep 3, 2025
Closing Date Mon, Sep 8, 2025
Tentative Allotment Tue, Sep 9, 2025
Initiation of Refunds Tue, Sep 9, 2025
Credit of Shares to Demat Wed, Sep 10, 2025
Listing Date Thu, Sep 11, 2025
Cut-off time for UPI mandate confirmation 5 PM on September 8, 2025

Prospectus

Prospectus File

RR Investors Capital Services Pvt. Ltd AMFI-registered Mutual Fund Distributor

ARN-0032 Validity 14-Mar-2027

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