Austere Systems IPO is a book-built issue aiming to raise ₹15.57 crore. It comprises a fresh issue of 28.30 Lakh equity shares aggregating to ₹15.57. The bidding window was open from September 3, 2025, to September 9, 2025, with the IPO allotment to be finalised on September 10, 2025. Austere Systems is scheduled to list on BSE SME on September 12, 2025.
The IPO was priced at ₹52–₹55 per share with a lot size of 4,000 shares. The public issue received bids for 2,03,33,60,000 shares against 18,88,000 shares available, resulting in an overall subscription of 1,076.99 times. NIIs led the response, subscribing 2,149.19times their quota, followed by Retail investors at 1,090.81 times and QIB (Ex Anchor) at 236.50 times.
Austere Systems’ ₹15.57 crore IPO, priced at ₹52–₹55 per share, was subscribed 1,076.99 times overall. The IPO consists of a fresh issue of 28.30 lakh equity shares aggregating to ₹15.57 crore. Bidding took place from September 3 to September 9, 2025, with the Austere Systems IPO allotment status on September 10, 2025. Retail investors subscribed 1,090.81 times and NIIs 2,149.19 times. Listing is expected on September 12, 2025.
The table below breaks down the Austere Systems share allocation for different categories, highlighting the number of shares and their percentage of the total issue. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.
| Investor Category | Shares Offered |
| QIB Shares Offered | 13,36,000 (36.80%) |
| Anchor Investor Shares Offered | 8,00,000 (22.04%) |
| Market Maker | 1,42,000 (3.91%) |
| NII (HNI) Shares Offered | 4,08,000 (11.24%) |
| − bNII > ₹10L | 2,72,000 (7.49%) |
| − sNII < ₹10L | 1,36,000 (3.75%) |
| Retail Shares Offered | 9,44,000 (26.01%) |
| Total Shares Offered | 36,30,000 (100.00%) |
Data Source: NSE
| Category | Subscription (times) |
| QIB (Ex Anchor) Buyers | 236.50 |
| Non-Institutional Investors | 2,149.19 |
| Retail Individual Investors | 1,090.81 |
| Total shares | 1,076.99 |
Note: The subscription details are as of September 9, 2025
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 customised 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.
The company plans to allocate the net proceeds from the issuance to utilise towards working capital requirements and general Corporate Purposes.
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.
Know more about IPO allotment status and check your application details online for the latest updates on share allocation.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Sep 9, 2025, 10:56 PM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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