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Open
3 Sep 2025
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Close
9 Sep 2025
3
Allotment
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Listing
Fri, Sep 12, 2025
Price Band
₹52 to ₹55
Issue Size
28,30,000 shares (agg. up to ₹16 Cr)
Lot Size
2,000 Shares
Listing Date
Fri, Sep 12, 2025
Latest GMP
₹32
Est. Gain
58.18%
✦ AI Insight
GMP Trend
12-09-2025₹32Est. ₹87+58.18%
11-09-2025₹32Est. ₹87+58.18%
10-09-2025₹30Est. ₹85+54.55%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 749.69x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 18.63 | 12.23 | 8.60 |
| Total Income | 18.86 | 18.66 | 15.40 |
| Profit After Tax | 4.01 | 4.15 | 1.77 |
| EBITDA | 6.05 | 6.28 | 2.88 |
| NET Worth | 16.27 | 9.00 | 4.85 |
| Reserves and Surplus | 8.62 | 8.99 | 4.84 |
| Total Borrowing | 0.48 | 0.44 | 0.79 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Ace Alpha Tech Ltd. | SME | ₹32.22 Cr | ₹69 | 9.07 | ₹85.05 | +23.26% | ₹122.00 (+0.37%) |
| Identixweb Ltd. | SME | ₹16.63 Cr | ₹54 | 14.36 | ₹57.75 | +6.94% | ₹64.50 (-0.45%) |
| CapitalNumbers Infotech Ltd. | SME | ₹169.37 Cr | ₹263 | 21.46 | ₹261.35 | -0.63% | ₹92.17 (-0.96%) |
| Hexaware Technologies Ltd. | Mainboard | ₹8,750.00 Cr | ₹708 | null | ₹762.55 | +7.70% | ₹570.20 (+1.57%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the working capital requirements of the Company | 11.60 |
| 2 | General Corporate Purposes | 2.40 |
| 3 | Issue Expenses | 1.57 |
| Total | 15.57 |
About Austere Systems 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
Contact Details
Austere Systems Ltd. AddressOffice 301-303A Square, Plot No.34 ADCSector 26, PradhikaranPune, Maharashtra, 411044+91 97738 23372compliance@austere.co.inVisit Website