IPO IPO-Synopsis
Austere Systems Ltd

Back

Registered Office: Office No.301-303 A Square,Plot No.34 ADC Sector 26 Pradh , Pune - 411044 , Maharashtra , India.
Phone : +91 97738 23372   Fax:
Email :  compliance@austere.co.in  
Website :  www.austeresystems.com
Initial public offer of up to 28,30,000 equity shares of face value Rs10 each (the "equity shares") of Austere Systems Limited ("the company" or the "issuer") for cash at an issue price of Rs55 per equity share (including securities premium of Rs45 per equity share) ("issue price"), aggregating up to Rs15.57 crores (the "issue") of which 1,42,000 equity shares aggregating to Rs0.78 crores will be reserved for subscription by market maker ("market maker reservation portion"). the issue less the market maker reservation portion i.e. issue of [*] equity shares of face value of Rs10 each at an issue price of Rs[*] per equity share aggregating upto Rs[*] crores is hereinafter referred to as the "net issue". the issue and the net issue will constitute 27.01 % and 25.65 % respectively of the post-issue paid-up equity share capital of the company.

Issue Money Payable On
Opens On Closes On Application Allotment
03-Sep-25 09-Sep-25 Rs55.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :4000  Further Multiples of :2000

  Rs Cr Lead Managers to the Issue
Project Cost 14.00
GYR Capital Advisors Pvt Ltd
Project Financed through Current Offer 15.57  
Post Issue Equity Share Capital 10.48  
Issue Price Rs55.00  
Projects
Capital expenditure (Upgradation of Hardware)General corporate purposes
Funding the working capital requirements of the company
Promoted By
Rahul Gajanan Teni
Piyush Gupta
Shikhir Gupta
Listing At
BSE - SME 
Registrar to the Issue
KFin Techologies Ltd