Austere Systems IPO Subscription Status
Austere Systems IPO subscribed over 7.04x on its First day till 05.00 PM on 3rd September 2025.
- Austere Systems IPO subscription QIB investors’ portion is 3.52x times, while NII subscribed 6.21x times, and RII investors subscribed 9.40x times.
- The company has received bids for 1,32,92,000 shares against 18,88,000 shares on offer on the First day.
- Austere Systems IPO subscribed over 7.04x times on day 1.
About the Austere Systems IPO
Established in 2013, Austere Systems Limited is one of the growing software development companies involved in IT services and solutions for startups and enterprises. Austere Systems Limited focuses on software development, SaaS, mobile apps, IT solutions, database management, training, e-commerce, ERP, AI, process automation, digital transformation, and data/document management.
Austere Systems Limited resells software, offers BPO and IT consulting, and serves global and Indian clients. It focuses on rural markets in India spanning the private and government sectors. Its services include Mobile Application Development, Web Application Development, IT Staff Augmentation, Digital Marketing, and Managed Services Support. As of July 31, 2025, the company had 123 permanent employees. The strength of the company is experienced promoters, a strong Management team, and a strong in-house product portfolio.
Austere Systems IPO Company Financial Report
The company reported revenue of ₹18.86 crores in 2025 against ₹18.57 crores in 2024. The company reported a profit of ₹4.01 crores in 2025 against a profit of ₹3.78 crores in 2024.
Austere Systems IPO GMP
Austere Systems IPO GMP was ₹15 as of Wednesday, 3rd September. That indicates the IPO is trading at ₹70 with a ₹15 premium in the grey market against the issue price of ₹55.
