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IPO Synopsis

Austere Systems Ltd
Initial public offer of up to 28,30,000 equity shares of face value Rs. 10 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 Rs. 10 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: Rs. 52 to Rs. 55 per equity share of face value of Rs. 10 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 Rs. 10 each and in multiples of 2000 equity shares of face value of Rs. 10 each thereafter.
Issue
Opens On Closes On
03-Sep-25 08-Sep-25
Money Payable On
Application Allotment
52.00 0.00
Minimum Application for shares in Nos : 4000 Further Multiples of : 2000
(.Cr) Lead Managers to the Issue
Project Cost (.Cr) 0.00 GYR Capital Advisors Pvt Ltd
Project Financed through Current Offer (.Cr) 14.72  
Post Issue Equity Share Capital (.Cr) 10.48
Issue Price () 52.00
Projects
Capital expenditure (Upgradation of Hardware)
Funding the working capital requirements of the company
General corporate purposes
Promoted By
Rahul Gajanan Teni
Piyush Gupta
Shikhir Gupta
Listing At
BSE - SME
Registrar to the Issue
KFin Techologies Ltd
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