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Austere Systems IPO
Austere Systems Ltd
₹1,04,000 /2000 sharesMinimum Investment
Austere Systems IPO Listing Details
| Listed On | Issue Price | Listing Price | Listing Gains |
|---|---|---|---|
| -- | ₹55.00 | ₹75.55 | ₹20.55 (37.36%) |
Austere Systems IPO Details
| Bidding Dates | Min. Investment | Lot Size | Price Range |
|---|---|---|---|
| 3 Sep ‘25 - 9 Sep ‘25 | ₹2,08,000 | 2,000 | ₹52 - ₹55 |
| Issue Size | IPO Doc |
|---|---|
| 15.57Cr | RHP PDF |
Subscription rate
As of 09 Sep'25, 04:01 PM
| Qualified Institutional Buyers | 142.79x |
| Non-Institutional Investor | 1,571.40x |
| Retail Individual Investor | 843.15x |
| Total | 534.84x |
About Austere Systems
Founded in
2015
Managing director
Mr. Shikhir Gupta
Parent organisation
Austere Systems Ltd
Strengths & Financials of Austere Systems
Strengths
Risks
Austere Systems claims to have over a hundred clients across various industries, both globally and domestically, which mitigates the risk of customer concentration. The company claims to have built strong relationships with its clients, supported by a track record of successfully executed projects.
Austere Systems claims to stay at the forefront of technological change by proactively adopting emerging technologies. The company continuously monitors industry trends and integrates relevant innovations into its service offerings. Through research and development, strategic partnerships with technology leaders, and ongoing team training, Austere Systems ensures that its clients have access to cutting-edge solutions, giving them a competitive edge in their markets.
Austere Systems claims to have a diverse service portfolio that includes web application development, process automation, cloud computing, platform deployment, and both manual and automated testing. The company also offers in-house products, such as the election monitoring system, retail PoS software, litigation management system, and social media tracing -- descriptive/diagnostic & predictive/perspective (D2P2) analysis. These tailored solutions address specific industry challenges and help organisations improve decision-making, streamline operations, and achieve their strategic goals.
Austere Systems claims to have a scalable business model driven by dual revenue streams, service-driven offerings, and in-house products. The company's ability to provide tailored IT solutions to diverse industries allows it to adapt to various market needs, both in India and internationally. In addition to service offerings, its in-house products provide standardised solutions that can be sold to multiple clients, ensuring consistent revenue. This scalability allows the company to grow both vertically, by deepening relationships with existing clients, and horizontally, by expanding into new markets.
The company has reported a consistent increase in revenue from operations over the years. It increased from Rs 15.36 crore in FY23 to Rs 18.56 crore in FY24 and Rs 18.62 crore in FY25.
Austere Systems derives a significant portion of its revenue from work done for government departments and agencies, exposing the company to risks related to government budgeting cycles and appropriations. Any delays in contract awards, changes in government policies, or budgetary constraints could adversely impact the company. The company’s reliance on government contracts also subjects it to prolonged decision-making cycles, competitive bidding processes, and the possibility of contract cancellations or modifications, which could negatively impact its financial performance and business stability.
The company reported negative cash flow from investing activities amounting to Rs 0.13 crore in FY24 and Rs 1.08 crore in FY23. Additionally, negative cash flow from financing activities amounted to Rs 0.43 crore in FY24. If cash outflows continue to exceed inflows in the future, the company may face liquidity challenges.
Austere Systems relies heavily on cloud software services to deliver solutions to clients under fixed-price contracts, exposing the company to potential cost fluctuations. Sudden increases in the cost of these services, due to factors such as pricing adjustments by cloud providers, currency fluctuations, or changes in usage patterns, could significantly affect the company’s profit margins.
The top 10 customers accounted for 55.49 percent of the company’s total sales in FY25, 74.69 percent in FY24, and 77.34 percent in FY23. Any failure to retain these key clients, expand the customer base, or a loss of business from them could adversely affect the company’s financial condition.
The company, its promoters, directors, and group companies are involved in various legal proceedings. Any adverse judgment in any of the cases could be detrimental to the company’s business prospects.
Austere Systems is exposed to currency risks related to foreign exchange fluctuations, particularly with the US dollar, Canadian dollar, and the euro. Changes in exchange rates between the Indian rupee and these currencies could adversely impact the company’s operating results, financial condition, and cash flows.
Austere Systems Financials
*All values are in Rs. Cr
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Application Details of Austere Systems IPO
| Apply as | Price band | Apply Range |
|---|---|---|
| Individual investor | ₹52 - 55 | ₹2 - 5 Lakh |
For Austere Systems IPO, eligible investors can apply as Individual investor.