AUSTERE SYSTEMS LIMITED Announces Initial Public Offering (IPO) to Raise Rs 15.56 crores

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AUSTERE SYSTEMS LIMITED Announces Initial Public Offering (IPO) to Raise Rs 15.56 crores

The IPO will open/closes for Anchor Portion on September 02, 2025, And Bid/Issue Opens on September 03, 2025, Bid/Offer Closes on September 08, 2025.

AUSTERE SYSTEMS LIMITED, Founded in 2015, the company specializes in an extensive array of services, including software development, announced the launch of its Initial Public Offering (IPO) to raise Rs 15.56 Crores through the issuance of 28,30,000 fresh equity shares.

The IPO will open/closes for Anchor Portion on September 02, 2025, And Bid/Issue Opens on September 03, 2025, Bid/Offer Closes on September 08, 2025. The price band has been fixed at Rs 52 to Rs 55 per equity share. Post issue, the shares will be listed on the BSE SME platform, with a tentative listing date of September 11, 2025.

GYR Capital Advisors Private Limited is acting as the Book Running Lead Manager to the issue, while KFIN TECHNOLOGIES LIMITED will serve as the Registrar. The Market Makers for the issue are Wiinance Financial Services Private Limited and SKI Capital Services Limited.

Utilisation of IPO Proceeds

The funds raised will be utilised for:

  • Funding the working capital requirements of our company, and
  • General Corporate Purposes

IPO Allotment & Investor Reservation

  • Basis of allotment is expected on Tuesday, September 09, 2025, and equity shares will be credited to demat accounts on Wednesday, September 10, 2025.
  • Not more than 50 per cent of the Net Issue will be allocated to Qualified Institutional Buyers (QIBs).
  • Not less than 35 per cent of the Net Issue will be reserved for individual investors.
  • Not less than 15 per cent of the Net Issue will be allocated to Non-Institutional Investors (NIIs), with sub-categorization for small and large HNIs.

Individual investors can apply with a minimum lot size of 4,000 shares (2 lots), requiring an investment of Rs 2,20,000 at the upper price band. For HNIs, the minimum application is 6,000 shares (3 lots), requiring Rs 3,30,000 at the upper price band.

Business & Key Highlights

Founded in 2015, the company specializes in an extensive array of services, including software development, Software as a Service (SaaS), mobile application development, information technology solutions, database management, IT enabled services, training and development, web development, web and portal operations, e-commerce platforms, ERP and MIS solutions, Data Analytics and AI Services, Process automation, Digital Transformation as well as data and document management storage.

Experienced Leadership:

Promoters bring over 20 years of IT expertise, having worked with leading IT companies.

Global Reach:

Serving 80+ clients across 7 countries and executing projects for multiple state governments in India.

Technical Expertise:

Delivered 100+ projects and developed 12 innovative in-house software products.

Quality Certifications:

ISO 9001, ISO 27001, ISO/IEC 20000-1, and CMMI Level 3 certified.

Financial Highlights

  1. Revenue from Operations increased from Rs 15,35,882.18 (hundreds) in FY 2023 to Rs 18,62,051.23 (hundreds) in FY 2025.
  2. EBITDA improved from Rs 2,87,516.14 (hundreds) in FY 2023 to Rs 6,04,777.88 (hundreds) in FY 2025, reflecting sustained operating performance.
  3. Profit After Tax rose significantly from Rs 1,76,984.12 (hundreds) in FY 2023 to Rs 4,01,325.53 (hundreds) in FY 2025.
  4. Return ratios remained healthy with RoE at 31.76 per cent and RoCE at 33.12 per cent in FY 2025.

    Disclaimer: The article is for informational purposes only and not investment advice.