Austere Systems Limited
ListedSMEInformation Technology · BSE
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.
Price Band
₹52 – ₹55
Issue Size
₹15.57 Cr
Lot Size
2000 shares
GMP
₹32
+58.2%
Est. Listing
₹87
at current GMP
Subscribed
1077.12x
overall
Open
3 Sep 2025
Close
9 Sep 2025
Allotment
10 Sep 2025
Refund
11 Sep 2025
Demat Credit
12 Sep 2025
Listing
12 Sep 2025
Last updated 12 days ago
Overall Subscription
1077.12x
Total Demand
QIB Multiplier
236.50x
Institutions & Funds
NII / HNI
2149.54x
High Net-Worth
Retail (RII)
1090.93x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 536,000 | 126,762,000 | 236.50x |
| NIB | 408,000 | 877,012,000 | 2149.54x |
| HNIs(10L +) | 272,000 | 687,104,000 | 2526.12x |
| HNIs (2-10L) | 136,000 | 189,908,000 | 1396.38x |
| RETAIL | 944,000 | 1,029,836,000 | 1090.93x |
| Total | 2,296,000 | 2,910,622,000 | 1077.12x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 157 | 0.00x |
| NIB | — | 58,217 | 0.00x |
| RETAIL | 236 | 257,459 | 1090.93x |
| HNIs(10L +) | 45 | 31,944 | 709.87x |
| HNIs (2-10L) | 23 | 26,273 | 1142.30x |
| Total Applications | 304 | 374,050 | 1230.43x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Austere Systems Limited Public Issue & Market Profile
Austere Systems Limited is bringing an initial public offering (IPO) in the Information Technology sector with an aggregate issue size of ₹15.57 Crores. The shares are offered at a price band of ₹52 to ₹55 per equity share on BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
Bidding & Quota Instructions:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Allotment Reconciliation Schedule:
Following the close of bidding on 2025-09-09, the basis of allotment is scheduled to be finalized on 2025-09-10. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.
Frequently Asked Questions
What is Austere Systems Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Austere Systems Limited IPO is ₹32 per equity share. Based on the upper price band of ₹52 to ₹55 per equity share, the estimated listing price is ₹87 (+58.2% expected listing gain).
What is the expected profit per lot for Austere Systems Limited IPO?
With a lot size of 2000 shares and current GMP of ₹32, the expected profit per application lot is approx ₹64,000 (+58.2% gain). Minimum application cost is approx ₹1,10,000.
What is the issue size and price band for Austere Systems Limited IPO?
The Austere Systems Limited IPO aggregate issue size is ₹15.57 Crores with an equity price band set at ₹52 to ₹55 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,10,000.
How can I check Austere Systems Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 1077.12x (Retail: 1090.93x, QIB: 236.50x, NII: 2149.54x). You can track live multiples directly on our dedicated subscription page.
Where and when will Austere Systems Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2025-09-10. Investors can verify status using PAN card or application number.
When is the listing date for Austere Systems Limited IPO?
Austere Systems Limited shares are scheduled to list on BSE on 2025-09-12.