IPO IPO-Synopsis
Austere Systems Ltd

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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 Rs[*] per equity share (including securities premium of Rs[*] per equity share) ("issue price"), aggregating up to Rs[*] crores (the "issue") of which 1,42,000 equity shares aggregating to Rs[*] 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. Price band: Rs52 to Rs55 per equity share of face value of Rs10 each. The floor price and the cap price are 5.2 times and 5.5 times the face value of the equity shares, respectively. Bids can be made for a minimum of 4000 equity shares of face value of Rs10 each and in multiples of 2000 equity shares of face value of Rs10 each thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
03-Sep-25 08-Sep-25 Rs52.00-55.00 Rs0.00-0.00
Minimum Application for shares in Nos :4000  Further Multiples of :2000

  Rs Cr Lead Managers to the Issue
Project Cost 0.00
GYR Capital Advisors Pvt Ltd
Project Financed through Current Offer 14.72  
Post Issue Equity Share Capital 10.48  
Issue Price Rs52.00  
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