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AUSTERESME / BSEListed
Austere Systems

Incorporated in 2013, Austere Systems Limited (ASL) is a software development company that provides a wide range of IT services and solutions for startups and enterprises. Its expertise spans software development, SaaS, mobile applications, IT solutions, database management, training, e-commerce, ERP, AI services, process automation, digital transformation, and data and document management. In addition to developing its own solutions, the company also engages in software reselling, business process outsourcing, and IT consulting, serving both global and Indian clients with a particular focus on underserved rural markets across the country, catering to private as well as government sectors. The company’s services include mobile application development for iOS, Android, HTML5, and hybrid platforms, offering scalable and efficient business solutions. It also delivers customized web application development using modern technologies to strengthen online presence and communication. Through IT staff augmentation, ASL provides permanent, temporary, and contract staffing solutions to streamline recruitment processes. Its digital marketing services cover SEO, SEM, content writing, PPC, and social media marketing to improve client visibility online. Additionally, the company offers managed services support, including IT infrastructure monitoring, service desk solutions, and unified communications, ensuring seamless business operations. As of August 31, 2024, Austere Systems Limited employs 119 professionals, including senior executives, engineers, developers, and administrative staff.

₹52 - ₹551077.12x sub
Listed Price₹75.55
Listing Gain+37.36%

IPO Schedule & Timeline

Bookbuilding IPO
Open03 Sep 2025
Close09 Sep 2025
Allotment10 Sep 2025
Listing12 Sep 2025

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Anchor8,00,000 shares
28.27%
QIB5,36,000 shares
18.94%
HNI4,08,000 shares
14.42%
Retail9,44,000 shares
33.36%
Market Maker1,42,000 shares
5%

Minimum Application Lots

Retail2 Lots (4,000 shares)
₹2,20,000
sHNI3 Lots (6,000 shares)
₹3,30,000
bHNI10 Lots (20,000 shares)
₹11,00,000

Company Promoters

Mr. Rahul Gajanan TeniMr. Piyush GuptaMr. Shikhir Gupta

Company Background

Incorporated in 2013, Austere Systems Limited (ASL) is a software development company that provides a wide range of IT services and solutions for startups and enterprises. Its expertise spans software development, SaaS, mobile applications, IT solutions, database management, training, e-commerce, ERP, AI services, process automation, digital transformation, ...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-25)₹18.86 Cr
Growth+22.5%
Revenue Trend (₹ in Crores)
0.07.214.521.7Mar-23Mar-24Mar-25
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-2518.864.0118.630.48
Mar-2418.664.1512.230.44
Mar-2315.41.778.60.79

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Mar-255.3531.76%33.12%10.4814.36
Mar-245.9159.85%60.05%00
Mar-232.5244.33%42.80%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Kfin Technologies Limited

Allotment Finalized
Allotment Date
10 Sep 2025
Official Status
Out / Finalized
Registrar
Kfin Technologies Limited
Listing Date
12 Sep 2025

Official Allotment Verification Links

Official Registrar Portal
Kfin Technologies Limited

Direct allotment verification on the official registrar portal appointed for Austere Systems. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization10 Sep 2025Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date12 Sep 2025Trading commences on exchange

How to Check Austere Systems Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Austere Systems from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

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Prospectus & Official Filings

Allotment FAQs & Help

About Austere Systems IPO

Complete issue overview for Austere Systems (AUSTERE) IPO. The issue features an equity share price band of ₹52 – ₹55 per share with a minimum retail lot size of 2000 Shares (minimum application amount of ₹1,10,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions