Austere Systems IPO is a book-built issue worth ₹15.57 crore. It is entirely a fresh issue of 0.28 crore shares, raising the full amount through equity. The IPO will open for subscription on September 3, 2025, and close on September 9, 2025.
The basis of allotment is expected to be finalised on September 10, 2025, with tentative listing scheduled on BSE SME for September 12, 2025. The price band for the Austere Systems IPO has been fixed between ₹52 and ₹55 per share.
Investors can bid for Austere Systems IPO with a minimum of 2 lots of 2,000 shares, having 4,000 shares in each lot. For retail investors, the minimum investment required is ₹2,20,000. For small high net worth investors (sNII), the lot size stands at 3 lots, equal to 6,000 shares, amounting to ₹3,30,000. For big non-institutional investors (bNII), the lot size is 10 lots, which translates to 20,000 shares, requiring an investment of ₹11,00,000.
GYR Capital Advisors Pvt.Ltd. is the book running lead manager (BRLM) and Kfin Technologies Ltd. is the registrar of the issue. The market maker of the company are SKI Capital Services Ltd and Wiinance Financial Services Pvt.Ltd. Detailed information is available in the Austere Systems IPO RHP.
Austere Systems IPO Objectives
The company plans to allocate the net proceeds from the issuance to the following purposes:
- Working capital requirements.
- General Corporate Purposes.
About Austere Systems Limited
Incorporated on June 12, 2015, Austere Systems Limited (ASL) is a technology driven company specialising in IT-enabled services, including software development, IT consulting, and business process management.
ASL serves a diverse clientele across India and beyond, catering to industries requiring customizsed IT solutions. Its services span software development, system integration, IT infrastructure management, and digital transformation, with a focus on delivering tailored solutions to meet client-specific requirements.
The company has established a strong foothold in key markets, providing services to clients in sectors such as finance, healthcare, and manufacturing.
ASL’s offerings include enterprise software solutions, cloud-based applications, and data analytics services. Additionally, it engages in strategic partnerships with leading technology providers to ensure cutting edge solutions.
Operating on a B2B model, ASL collaborates with prominent organisations, delivering order-based IT solutions that align with precise client specifications.
Austere Systems Limited has its registered office in Pune, Maharashtra, and corporate office in Gurgaon, Haryana, ASL is well-positioned to serve its clients across India and explore international opportunities.
Industry Outlook
- Global IT spending is projected to reach USD 5 trillion in 2024, registering a growth of 6.8% over the previous year, according to Gartner. Within this, IT services have emerged as the largest segment, expected to expand by 8.7% to USD 1.5 trillion.
- While technologies such as generative AI have generated strong hype, their near-term impact on IT spending remains limited. Instead, traditional factors such as profitability, workforce management, and digital transformation priorities continue to influence investment trends.
- In India, IT spending is expected to witness double digit growth of 11.1% in 2024, supported by demand for AI, cloud, cybersecurity, and analytics solutions. The domestic software sector is forecast to grow at 13.4%, IT services by 13.4%, and devices by 12.3%, aided by rising consumer replacement cycles and enterprise modernization initiatives.
- The Indian IT & BPM industry has been a key growth driver for the economy, contributing 7.4% to GDP in FY22 and projected to reach 10% by 2025. The sector is on track to achieve USD 350 billion in revenues by 2026, buoyed by digital adoption, skilled workforce expansion, and government initiatives such as the Digital India program.
How To Apply for the Austere Systems IPO Online?
- Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
- Locate the IPO Section: Navigate to the 'IPO' section on the platform.
- Select IPO: Find and select the Austere Systems IPO from the list of open IPOs.
- Enter the Lot Size: Specify the number of lots you want to bid for.
- Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
- Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.
How To Check the Allotment Status of Austere Systems IPO?
Steps to check IPO allotment status on Angel One’s app:
- Log in to the Angel One app.
- Go to the IPO Section and then to IPO Orders.
- Select the individual IPO that you had applied for and check the allotment status.
- Angel One will notify you of your IPO allotment status via push notification and email.
Contact Details of Austere Systems IPO
301-303, A Square, Plot No. 34 ADC Sector 26, Pradhikaran, Pune, Maharashtra, India, 411044
Phone:+91-97738 23372
E-mail:compliance@austere.co.in
Austere Systems IPO Reservation
|
Investor Category |
Shares |
Percentage |
|
Market Maker |
1,42,000 |
5.02% |
|
QIB (Qualified Institutional Buyers) |
13,36,000 |
47.21% |
|
NII (Non-Institutional Investors / HNI) |
4,08,000 |
14.42% |
|
Retail Investors |
9,44,000 |
33.36% |
|
Total |
28,30,000 |
100.00% |
Austere Systems IPO Lot Size Details
|
Application |
Lots |
Shares |
Amount |
|
Retail (Min) |
2 |
4,000 |
₹2,20,000 |
|
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 |
Austere Systems IPO Promoter Holding
The promoters of the company are Mr. Rahul Gajanan Teni, Mr. Piyush Gupta and Mr. Shikhir Gupta.
|
Share Holding Pre-Issue |
91.67% |
|
Share Holding Post Issue |
Nil |
Note: Since the entire Issue comprises a Fresh Issue of Equity Shares, details of Offer for Sale, selling shareholders and their average cost of acquisition are not applicable.
Key Performance Indicators for Austere Systems IPO
|
KPI |
Value |
|
ROE (%) |
31.76 |
|
RoCE (%) |
33.12 |
|
Debt Equity Ratio (x) |
0.03 |
|
PAT Margin (%) |
21.55 |
|
EBITDA Margin (%) |
32.06 |
Austere Systems IPO Prospectus
Austere Systems IPO Registrar and Lead Managers
Austere Systems IPO Lead Managers
- GYR Capital Advisors Pvt.Ltd.
Registrar for Austere Systems IPO
Kfin Technologies Ltd.
- Contact Number: 04067162222
- Website: https://www.kfintech.com/
- Email Address: austere.ipo@kfintech.com
Financial Performance of Austere Systems Limited
| Particulars | Year Ending on Mar 31, 2025 | Year Ending on Mar 31, 2024 |
|---|---|---|
| Revenue from Operations (₹ in hundreds) | 1,862,051.23 | 1,856,571.23 |
| EBITDA (₹ in hundreds) | 604,777.88 | 628,023.44 |
| EBITDA Margin (%) | 32.06 | 33.67 |
| Profit After Tax (₹ in hundreds) | 401,325.53 | 414,526.71 |
| PAT Margin (%) | 21.55 | 22.33 |
| Return on Equity (RoE) (%) | 31.76 | 59.85 |
| Return on Capital Employed (RoCE) (%) | 33.12 | 60.05 |
| Debt-Equity Ratio | 0.03 | 0.05 |
Know before investing
Strengths
6Austere Systems Limited has an experienced promoter and a qualified senior management team.
The company has a strong global presence.
Austere Systems Limited operates a scalable business model.
The company focuses on capacity building and capability expansion, including digital engineering and embedded solutions.
The company has customer centric approach
Skilled and diverse in house team
Risks
6Rapid technological changes in the IT industry could render the company’s services obsolete, impacting business operations.
Ongoing litigation involving the company, directors, or promoters may lead to liabilities or reputational damage.
Significant revenue from government contracts exposes the company to volatility from budgeting cycles and policy changes.
Delays in receivables from government contracts and mandatory deposits may strain liquidity and working capital.
High research and development costs in software may not yield timely returns, affecting financial performance
Intense competition from larger IT firms may limit the company’s ability to secure high scale projects
