243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

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Austere Systems Limited

Pune

Date of DRHP : 26 Sep 2024

Issue Type : Book Building Process

IPO Type :
SME IPO

Austere Systems Basic Details

   Information Technology - Data Solutions

Sub Sector: Provide Software related services.

Exchange:
BSE Emerge

About the Company

Austere Systems was incorporated as a Private Limited Company under the name “Austere Systems Private Limited” on June 12, 2015 under the provisions of the Companies Act, 2013 with the Registrar of Companies, Pune. Founded in 2015, Austere Systems specializes in an extensive array of services, including software development, Software as a Service (SaaS), mobile application development, information technology solutions, database management, ITenabled services, training and development, Austere Systemsb development, Austere Systems and portal operations, e-commerce platforms, ERP and MIS solutions, Data Analytics and AI Services, Process automation, Digital Transformation as Austere Systemsll as data and document management storage. Austere Systems also engage in reselling software products and providing business process outsourcing and knowledge management solutions, alongside IT consulting and advisory services. Strategically, Austere Systems focus on global and Indian clients in which Austere Systems serve both private and in government sector, in which Austere Systems serve the largely underserved rural markets in India—an area often overlooked by other IT firms. By forging collaborative partnerships with state governments and gram panchayats across various regions, Austere Systems are dedicated to delivering customized IT solutions that effectively address the unique needs and challenges faced by these communities. Company's is an AWS public partner to provide cloud services to our clients

Financial Summary (Annualised Basis)

Revenue :
18.66 Cr.

PAT :
3.78 Cr.

Austere Systems IPO Lead Manager(s)

GYR Capital Advisors Private Limited

Austere Systems IPO Registrar

KFIN Technologies Limited

Austere Systems DRHP Details

Objects of issue

  • Capital Expenditure (Upgradation of Hardware)
  • Funding the working capital requirements of the company
  • General Corporate Purposes

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FAQs

Austere Systems operates in Information Technology - Data Solutions and Provide Software related services.. The Issue would be listed on SME. The registrar of the Issue is KFIN Technologies Limited. The IPO type of Austere Systems is Book Building Process and Object of issue is

  • Capital Expenditure (Upgradation of Hardware)
  • Funding the working capital requirements of the company
  • General Corporate Purposes

The DRHP (Draft Red Herring Prospectus) of Austere Systems IPO was filed on 26 Sep 2024.

No, Austere Systems IPO is not yet listed. See other upcoming SME IPOs here.

The IPO open date and IPO close date of Austere Systems are not available now. You can apply in Austere Systems IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.

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