SME IPO Corner: Austere Systems Limited

Written by: IE&M Team

Published on: 03/09/2025

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 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.

Issue Opens: September 3, 2025
Issue Closes: September 8, 2025
Face Value: Rs 10 each
Price Band: Rs 52- 55 per share
Lot Size: 4000 Shares
Listing: BSE SME

The funds raised will be utilized for: Funding the working capital requirements of our company; and general corporate purposes.

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.

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.

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

About the author: IE&M Team

Indian Economy & Market is an Indian media and information platform producing data-backed news and analysis on all the vital elements at the intersection of the economy, stock markets, mutual fund, insurance, commodities, currency, technology, startups and business.