IPO - Initial Public Offerings

 AUSTERE

  

AUSTERE SYSTEMS LTD. IPO

03 Sep, 10:00 AM

Issue Open

08 Sep, 05:00 PM

Issue Close

2000

Lot Size

₹ 52.00 – ₹ 55.00

Price Range

IPO Issue Details

Issue size 15.57 Cr
Market Price 55.00
Registrar Kfin Technologies Ltd
Face Value RS.10 /- Per share
Listing at BSE

About

AUSTERE SYSTEMS LTD. IPO
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.

IPO Lot Size

Category Lots Shares Amount
Retail (Min) 2 4000 ₹ 2,20,000.00
Retail (Max) 2 4000 ₹ 2,20,000.00
S-HNI (Min) 3 6000 ₹ 3,30,000.00
S-HNI (Max) 8 16000 ₹ 8,80,000.00
B-HNI (Min) 9 18000 ₹ 9,90,000.00

IPO TimeLine

Open Date 03-Sep-2025
Close Date 08-Sep-2025
Basis of Allotment Date 09-Sep-2025
Initiation of Refunds 09-Sep-2025
Credit Shares to Demat A/c 10-Sep-2025
IPO Listing Date 11-Sep-2025