Austere Systems Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 1,336,000 (47%) | — | ₹735 Cr |
| NII (HNI) | — | 408,000 (14%) | — | ₹224 Cr |
| Retail | — | 944,000 (33%) | — | ₹519 Cr |
| Market Maker | — | 142,000 (5%) | — | ₹8 Cr |
| Σ Total | — | 2,830,000 (100%) | — | ₹15,565 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹110,000 |
| Retail (Max) | 13 | 26,000 | ₹1,430,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,540,000 |
| B-HNI (Min) | 67 | 134,000 | ₹7,370,000 |
Financial Statements Amount in Crore
| Metric | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 19 | 19 | 15 |
| EBITDA | 6 | 6 | 3 |
| Profit After Tax | 4 | 4 | 2 |
| Net Worth | 16 | 9 | 5 |
| Total Assets | 19 | 12 | 9 |
| Reserves & Surplus | 9 | 9 | 5 |
| Total Borrowing | 0 | 0 | 1 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Funding the working capital requirements of the company – 11.60
- 2 General Corporate Purposes – 2.40
Company Overview
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.
Competitive Strengths:
- Global and Domestic Client base from different set of industries thereby mitigating the risk of customer concentration.
- The Company ensures businesses stay competitive by rapidly adapting to and leveraging the latest technological advancements.
- Experienced Promoter and Strong Management
- Comprehensive Service and In-House Product Portfolio
- Empowering State Governments in urban/rural areas with innovative in-house products, unlocking the potential of untapped rural markets.