Market Performance
The Indian stock market today witnessed a sharp listing from Austere Systems share price on the BSE SME platform. The stock opened at ₹75.55 per share, marking a 37.36% jump over its issue price of ₹55.
This debut reflects strong investor demand and the confidence built during the IPO phase.
IPO Journey and Key Numbers
Austere Systems Limited entered the market after completing a heavily subscribed SME IPO. Here’s a quick look at the key IPO numbers:
- IPO Size: ₹15.57 crore (fully fresh issue)
- Equity Shares Issued: 28 lakh shares
- Price Band: ₹55–₹82 per share
- Lot Size: 2,000 shares
- Minimum Investment (Retail, upper band): ₹2,20,000
The issue was open between September 3–9, 2025, with allotment completed on September 10.
Investor interest was extraordinary, as reflected in subscription figures:
- Overall Subscription: 1,076.99 times
- Retail Subscription: 1,096.81 times
- NII Subscription: 2,149.19 times
- QIB Subscription: 236.50 times
Adding to this momentum, the company had already secured ₹4.4 crore from anchor investors on September 2, showcasing early confidence in the IPO.
Company Details
Austere Systems Limited, founded in 2013, is a technology-driven company delivering end-to-end IT services. Its offerings cover:
- Software development and SaaS solutions
- Mobile app development and database management
- E-commerce and ERP systems
- AI-powered process automation and digital transformation
- Data and document management services
The company also provides business process outsourcing, IT consulting, and software reselling, serving clients in both India and overseas. Interestingly, Austere has focused on reaching rural markets, working with private enterprises as well as government projects.
Why This Listing Stood Out?
What makes the Austere Systems debut noteworthy is not just the premium listing but the sheer demand it attracted. The subscription figures tell a clear story—investors across categories saw value in the company’s model and growth potential.
The company’s journey from IPO opening to listing shows the power of investor sentiment in today’s SME space.
Summary
- Austere Systems share price listed at ₹75.55, up 37.36% on debut.
- IPO raised ₹15.57 crore, priced between ₹55–₹82.
- Overall subscription stood at 1,076.99 times.
- Company founded in 2013, focused on IT services, SaaS, AI automation, and digital solutions.
The story of Austere Systems is a reminder of how India’s SME platform is attracting new-age businesses with strong investor backing.
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