Gainers & Losers

YOU ARE ON :
  • HOME /
  • IPO /
  • IPO ISSUES /
  • IPO-SYNOPSIS

Austere Systems Ltd

Registered Office: Office No.301-303 A Square,Plot No.34 ADC Sector 26 Pradh, Pune - 411044, Maharashtra, India.
Phone : +91 97738 23372   Fax:
Email :  compliance@austere.co.in  
Website :  www.austeresystems.com

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. 55 per equity share (including securities premium of Rs. 45 per equity share) ("issue price"), aggregating up to Rs. 15.57 crores (the "issue") of which 1,42,000 equity shares aggregating to Rs. 0.78 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.

Issue Money Payable On
Opens on Closes On Application Allotment
03-Sep-25 09-Sep-25 55.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 4000   Further Multiples of : 2000
  Rs(Cr.) Lead Managers to the Issue
Project Cost 14.00 GYR Capital Advisors Pvt Ltd
Project Financed through Current Offer 15.57  
Post Issue Equity Share Capital 10.48  
Issue Price 55.00  

Project

  • 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

Attention Investor:

1) "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (Broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."         2) For Stock Broking Transaction "Prevent unauthorised transactions in your account Update your mobile numbers / email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile / email at the end of the day .... Issued in the interest of Investors."         3) For Depository Transaction "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL on the same day....Issued in the interest of investors."         4) No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.