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Home
InvestmentsIPOAustere Systems IPO

Austere Systems IPO

SME

Open Date

3 Sep 2025

Close Date

9 Sep 2025

Min Investment

₹ 2,08,000

Max Investment

₹ 5,00,000

Lot Size

2,000

Issue Size

₹ 15.56 Cr

Price Range

₹ 52 - ₹ 55
status

This IPO is now Live.

Click here for live price
IPO Timeline
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IPO Offer Start
3 Sep 2025
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IPO Offer Ends
9 Sep 2025
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Allotment Finalisation
10 Sep 2025
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Refund Initialisation
11 Sep 2025
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Non-Institutional Buyers (sHNI)
11 Sep 2025
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Listing of Shares
12 Sep 2025
IPO Subscription Details as on 8 Dec 2025, 03:55 PM
Qualified Instituational Buyers (QiB)
221.65 x
Retail
991.45 x
Non-Institutional Buyer (bHNI)
2363.48 x
Non-Institutional Buyer (sHNI)
1281.25 x
Note: This information is provided for general guidance only. Dates may be subject to change.
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About the Company
The company is a technology services provider that offers a comprehensive service and in-house product portfolio. It caters to both global and domestic clients from various industries, mitigating customer risk. The company focuses on helping businesses stay competitive by rapidly adapting to and leveraging the latest technological advancements. It has developed innovative in-house products to empower state governments in urban and rural areas. Some of their products include FDMS for State Finance Commission, Evidence Management System for Anti-Corruption Bureau, Retail POS Software & Mobile Application, and Social Media Tracing-D2P2 Analysis. The company aims to expand its clientele both domestically and globally, targeting underserved urban and rural markets in India through partnerships with state governments and gram panchayats.
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Founded In

2015

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Director

Rahul Gajanan Teni

Financials of Austere Systems IPO

Income Statement
Balance Sheet
Cash Flows
Total Income
Total Expenses
Total Profit
Key Performance IndicatorsMar 2023Mar 2024Mar 2025
Operating Revenue15,35,882.1818,56,571.2318,62,051.23
Other Income3,626.088,870.9324,115.86
Total Income
15,39,508.2618,65,442.1618,86,167.09
Total Expenses
13,02,901.8813,11,203.6513,47,797.09
Profit Before Tax2,36,606.395,54,238.515,38,370.00
Total Profit
1,76,984.124,14,526.714,01,325.53

All figures are in hundreds (₹)

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Utilisation of Proceeds

All figures are in hundreds (₹)

PurposeAmount
To fund working capital requirements of the company for future growth, including funding existing objects.-
For various general corporate purposes including prepayment of borrowings, funding working capital, strategic initiatives, acquisitions, brand building, and other business requirements.-
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  • Global and Domestic Client Base: The company has over a hundred clients worldwide, maintaining strong client connections. Its steady track record of successful project execution and client satisfaction makes it a trusted technological partner. The company's business approach, based on technical competence, results-oriented solutions, flexibility, and open communication, is critical to its success.
  • Rapid Adaptation to Technological Advancements: The company recognizes the importance of adapting quickly to new technologies in today's fast-paced digital world. It has developed a proactive approach to technology adoption, which involves closely monitoring emerging trends and integrating them into its services offerings. This ensures that the company's clients are always at the forefront of innovation, giving them a competitive advantage in their respective markets.
  • Experienced Promoter and Strong Management: The company has established itself as a leading IT solutions service provider with more than 18 years of experience. Under the experienced leadership of its promoters, Mr. Shikhir Gupta and Mr. Rahul Teni, the company has built a reputation for delivering a wide range of services. It is powered by a talented team of over 200+ professionals and has successfully executed more than 100+ projects across various industries.
  • Comprehensive Service and In-House Product Portfolio: The company offers an extensive service portfolio including web-application development, real store operation applications, proof of concepts, RFP creation, process automation, manual and automation testing, cloud computing, and platform deployment. It also has in-house products that enhance its service portfolio, such as the Election Monitoring System, Retail PoS Software & Mobile Application, Litigation Management System, and Social Media Tracing -D2P2 analysis.
  • Focus on Untapped Rural Markets: The company plays a pivotal role in assisting state governments, particularly in rural areas, by providing tailored solutions through its in-house products. This strategic focus not only supports government initiatives but also positions the company as a key player in driving technological advancement in underserved markets.
  • Scalable Business Model: The company's business model is highly scalable due to its dual revenue streams from multiple service-driven offerings and in-house products. This diversified approach enables the company to grow both vertically by deepening relationships with existing clients and horizontally by expanding into new markets.

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©2021-2025 Raise Securities Private Limited (formerly Moneylicious Securities Private Limited). All rights reserved. CIN: U74999MH2012PTC433549 Raise Securities is part of Raise Financial Services.

SEBI Stock Broker Registration No: INZ000006031 | Depository Participant (CDSL) ID: IN-DP-289-2016 | SEBI Research Analyst Registration No: INH000023357
Exchange Membership No. : NSE: 90133 | BSE: 6593 | MCX: 56320
Registered & Corporate Office: Unit No. 2201, 22nd Floor, Gold Medal Avenue, S.V. Road, Beside Patel Petrol Pump, Piramal Nagar, Goregaon West, Mumbai – 400104, Customer Care: 9987761000.


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