Austere Systems IPO Allotment Status: Check Latest GMP, Steps To Verify Status
The bidding window for the Austere Systems SME IPO was open from September 3, 2025, to September 9, 2025. The basis of allotment will be finalised today, September 10, 2025. Here’s how you can check the IPO allotment status on the BSE and registrar’s website.
Procedure to Check Austere Systems IPO Allotment Status Online On BSE
- Click here to visit the application status page.
- In Issue Type, “Equity”.
- In Issue Name, select “Austere Systems LIMITED”.
- Enter your “Application No.” or “PAN No.”
- Click on “I am not a robot”.
- Click “Submit”.
Procedure to Check Austere Systems IPO Allotment Status on Kfin Technologies (Registrar to the issue)
- Visit the Kfin Technologies IPO allotment status page here.
- Click on any of the links.
- In Select IPO, select “Austere Systems Limited”.
- Enter any of the following details.
- PAN
- App. No.
- Demat Account
- Enter the captcha and click “Submit”.
IPO Details
Austere Systems IPO is a book-building issue of ₹15.57 crores, consisting entirely of a fresh issue of 0.28 crore shares. The price band is set at ₹52 to ₹55 per share. The tentative listing on BSE SME is September 12, 2025.
GYR Capital Advisors Private Limited is the book-running lead manager, and Kfin Technologies is the registrar for the issue.
Use of Proceeds
The net proceeds from the fresh issue will be used to:
- Fund the company’s working capital requirements
- General corporate purposes
Austere Systems IPO – Overall Subscription Status
(September 9, 2025, end of the day)
|
Category |
Subscription (times) |
|
Qualified Institutional Investors (QIBs) |
236.50 |
|
Non-Institutional Investors (NIIs) |
1594.57 |
|
Individual Investors (IND category bidding for 2 Lots) |
1090.93 |
|
Total |
1001.78 |
Austere Systems IPO GMP Details
As of September 10, 2025, the Austere Systems IPO GMP stood at ₹32. The estimated listing price is ₹87, i.e., a 58.18% gain per share over the upper price band.
|
Source: InvestorGain Report dated 10 September, 2025 Disclaimer: The GMP (Grey Market Premium) price is an unauthenticated market related news and has no discernible basis. The same quoted above is as per news appeared in the media report and is for information purposes only. The investor shall do their own study/research before using the same for taking any decision to invest. We neither engage in, trade, or deal in the grey market nor we recommend or endorse trading in the grey market. |
Austere Systems Business Overview
Austere Systems provides an array of services, including software development, app development, web development, SaaS development, IT solutions, database management, IT-enabled services, training and development, e-commerce platforms, ERP and MIS solutions, Data Analytics and AI Services, Process automation, Digital Transformation, data
and document management storage.
Along with all of the above services, the company also resells software products and provides business process outsourcing and knowledge management solutions.
Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.
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