Austere Systems IPO

About the company

Incorporated in 2015, Austere System is an IT solutions provider offering software development, SaaS, ERP/MIS solutions, AI & analytics, process automation, and cloud services as an AWS partner. In FY25, the company served more than 72 clients. In terms of revenue mix, 85.05% came from India, 10.07% from the USA, and 4.35% from the UK. Service-based projects contributed 82.80% to revenue, while in-house products accounted for 17.20%. The company’s in-house products include the election monitoring system, Retail PoS software & mobile application, litigation management system, and social media tracing (D2P2) analysis. By domain, analytics and AI formed the largest share at 71.67%, while in-house products contributed 28.33%.

Financial performance (₹ Cr)

Subscription breakup (final, times)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   03 Sept 2025

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   09 Sept 2025

   Last day to place your bid

3. Basis of Allotment

   Completed
   10 Sept 2025

   Share allotment finalised

4. Refund Initiation

   Completed
   11 Sept 2025

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   11 Sept 2025

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   12 Sept 2025

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.