Austere Systems has released IPO and all details of IPO such as last date to apply, price, prospectus PDF and all other details are given below.
Austere Systems IPO Details
| IPO Open Date | September 3, 2025 |
| IPO Close Date | September 8, 2025 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹52 to ₹55 Per Share |
| Issue Size | Approx ₹15.57 Crores |
| Fresh Issue | Approx ₹15.57 Crores |
| Offer for Sale | 2000 Shares |
| Issue Type | Book Built Issue |
| IPO Listing | BSE SME |
| Retail Quota | Not more than 35% |
| QIB Quota | Not more than 50% |
| NII Quota | Not more than 15% |
| Download Prospectus PDF | Click Here |
Austere Systems IPO Dates and Schedule
| IPO Open Date | September 3, 2025 |
| IPO Close Date | September 8, 2025 |
| Basis of Allotment | September 9, 2025 |
| Refunds | September 10 2025 |
| Credit to Demat Account | September 10, 2025 |
| IPO Listing Date | September 11, 2025 |
About Austere Systems IPO
Austere Systems Limited (ASL), incorporated in 2013, is a software development company that provides IT services and solutions to both startups and large enterprises. The company works in areas such as software development, SaaS, mobile applications, IT solutions, database management, training, e-commerce, ERP, AI services, process automation, digital transformation, and data or document management. It also resells software, offers business process outsourcing, provides IT consulting, and serves both global clients and Indian clients, with a special focus on underserved rural markets for private as well as government sectors. Its services include mobile app development for iOS, Android, HTML5, and hybrid platforms; web application development using modern technologies; IT staff augmentation for permanent, temporary, and contract roles; digital marketing through SEO, SEM, content writing, PPC, and social media; and managed services such as IT infrastructure monitoring, service desk support, and unified communications. As of July 31, 2025, the company has 123 employees, including senior executives, engineers, developers, and administrative staff. Its main strengths include a diverse client base across industries that reduces dependency on any single customer, the ability to quickly adapt to new technologies, experienced leadership, a wide range of services and in-house products, and innovative solutions that help state governments in both urban and rural areas, especially by tapping into rural markets.
