Austere Systems Posts Solid Market Debut at 37% Over Issue Price

Mumbai, September 12, 2025 – Austere Systems Limited IPO today made a solid market debut with its listing on the BSE SME platform at ₹75.55, at a premium of 37 percent against its issue price of ₹55. The listing came after record investor interest in the company’s first public issue, which had been oversubscribed over 1,077 times.

Listing Day Performance

Austere Systems debuted at ₹75.55 and went on to hit an intraday high of ₹79.32 on the first day of trading. During the early session, the stock touched a low of ₹75.00 with a volume-weighted average price of ₹75.56. At 11:05 AM IST, the stock was trading at ₹79.32 and had a market capitalization of ₹78.69 crore on a full value basis and ₹15.25 crore in free float. Listing. Turnover on listing day amounted to ₹6.28 crore, further highlighting the healthy appetite by investors after its record IPO.

Company Background

Founded in 2015 and based in Pune, Austere Systems Limited offers IT and digital transformation services in various sectors. Its services include software development, ERP and MIS solutions, SaaS solutions, AI-based analytics, process automation, and IT-enabled services. Its customer base covers domestic government deals as well as international markets like the US, UK, European Union, and Asia-Pacific.

IPO Recap

The ₹15 crore IPO of Austere Systems came for subscription from September 3 to September 9, 2025. The price band was set between ₹52 and ₹55 per share, and the response from investors was huge. The issue attracted bids for over 203 crore shares against the available 20.3 lakh shares, making it one of the most oversubscribed SME IPOs in Indian history.

REF: https://www.bseindia.com/stock-share-price/austere-systems-ltd/austere/544505/

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