Austere Systems Limited is an IT services and solutions provider offering a wide range of digital and technology-driven offerings.
The company’s expertise covers custom software, SaaS platforms, mobile applications, IT solutions, database management, e-commerce systems, ERP, AI and analytics, process automation, digital transformation, and data/document handling, along with training and skill development initiatives.
It also engages in software reselling, business process outsourcing, and IT advisory services, catering to clients in India and abroad. A key differentiator is its focus on rural India, where it delivers technology solutions to both government bodies and private enterprises in regions often overlooked by mainstream IT players.
The company’s expertise spans:
- Software Development & SaaS – custom applications, ERP/MIS solutions, and SaaS platforms.
- Mobile & Web Applications – development across iOS, Android, HTML5, hybrid frameworks, portals, and e-commerce platforms.
- Advanced IT Solutions – database management, IT-enabled services, cloud services (as an AWS Public Partner), AI & Data Analytics, process automation, and digital transformation.
- Support & Consulting – IT consulting, advisory, managed services, staff augmentation, business process outsourcing (BPO), and knowledge management solutions.
- Training & Development – programs to build digital and technical skills.
As of July 31, 2025, the company has 123 employees, including senior executives, engineers, developers and administrative staff.
Austere Systems IPO – Details
| IPO Opening Date | 03 September 2025 |
| IPO Closing Date | 08 September 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue: 28,30,000 Shares Worth ₹15.57 Crore Fresh Issue: 28,30,000 Shares Worth ₹15.57 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹52 – ₹55 per share |
| Market Lot | 2000 Shares |
| Min Order | 2000 Shares [ 1 Lot ] |
| Listing At | BSE SME |
| Registrar | Kfin Technologies Ltd. |
| QIB Shares Offered | 50% |
| NII Shares Offered | 15% |
| Retail Shares Offered | 35% |
Austere Systems IPO – Date Schedule
| IPO Open Date | 03 September 2025 |
| IPO Close Date | 08 September 2025 |
| Basis of Allotment | 09 September 2025 |
| Initiation of Refund | 10 September 2025 |
| Credit of Shares to Demat | 10 September 2025 |
| IPO Listing Date | 11 September 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 08, 2025 |
Austere Systems IPO – Lots Size & Price
| 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 |
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.
Company Promoters
- Mr. Rahul Gajanan Teni
- Mr. Piyush Gupta
- Mr. Shikhir Gupta
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowings |
|---|---|---|---|---|
| 31 March 2023 | ₹15.40 Cr | ₹13.03 Cr | ₹1.77 Cr | ₹0.79 Cr |
| 31 March 2024 | ₹18.66 Cr | ₹13.12 Cr | ₹4.15 Cr | ₹0.44 Cr |
| 31 March 2025 | ₹18.86 Cr | ₹13.48 Cr | ₹4.01 Cr | ₹0.48 Cr |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 31.76% |
| ROCE | 33.12% |
| Debt/Equity | 0.03 |
| RoNW | 24.66% |
| PAT Margin | 21.55% |
| EBITDA Margin | 32.06% |
| Price to Book Value | 2.58 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 5.25 | 3.83 |
| P/E (x) | 10.48 | 14.36 |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| Funding the working capital requirements of the company. | ₹11.60 |
| General Corporate Purposes. | – |
✅Strengths
- Wide IT portfolio: software, SaaS, ERP, AI, cloud, BPO.
- Focus on rural markets & govt partnerships.
- Award-winning in-house products.
- ISO & CMMI certified operations.
- Experienced leadership & skilled team.
⚠️Risks
- Rapidly changing tech landscape.
- Cybersecurity & system breach risks.
- Long and uncertain sales cycles.
- Pending litigations involving company/promoters.
- Intense competition from larger IT players.
Austere Systems IPO Promoter Holding
| Pre Issue Share Holding | 91.67% |
| Post Issue Share Holding | – |
Austere Systems IPO Prospectus
Company Contact Information
| Austere Systems Ltd. Office 301-303, A Square, Plot No. 34 ADC, Sector 26, Pradhikaran, Pune, Maharashtra, 411044 Phone: +91 97738 23372 Email: compliance@austere.co.in Website: https://www.austeresystems.com/ |
Austere Systems IPO Registrar
| Kfin Technologies Ltd. Phone: 04067162222, 04079611000 Email: austere.ipo@kfintech.com Website: https://ipostatus.kfintech.com/ |
Austere Systems IPO Lead Manager(s)
| 1. GYR Capital Advisors Pvt.Ltd. |
Austere Systems IPO FAQ
| What is Austere Systems IPO? Austere Systems IPO is an SME IPO. The issue is priced at ₹52 – ₹55 per equity share. The IPO is to be listed on BSE SME. |
| When Austere Systems IPO will open? The IPO is to open on 03 September 2025 for QIB, NII, and Retail Investors. |
| What is Austere Systems IPO Investors Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| What is the Austere Systems IPO Size? Austere Systems IPO size is ₹15.57 Crore. |
| What is Austere Systems IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 4000 Shares with ₹2,20,000 amount, while the maximum bid is 4000 Shares with ₹2,20,000. |
| What is the Austere Systems IPO Allotment Date? Austere Systems IPO allotment date is 09 September 2025. |
| What is the Austere Systems IPO Listing Date? Austere Systems IPO listing date is 11 September 2025. The IPO is to be listed on the BSE SME. |
