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IPO Austere Systems Ltd

  • Pre Issue Shares

    76,48,134

  • No. of Shares Issued

    28,50,000

  • Pre Issue Equity Amt.

    ₹7.65 Cr

  • DP Filling Date

    26 September 2024

Austere Systems Ltd IPO Timeline

Austere Systems Limited was incorporated on June 12, 2015 under the name and style of Austere Systems Private Limited, a Private Limited Company. Company has converted from a Private Limited to Public Limited and the name is changed to Austere Systems Limited' with a fresh Certificate of Incorporation dated July 29, 2024 issued by the Registrar of Companies, Pune.

Austere Systems Ltd IPO Details

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Company PromotersRahul Gajanan Teni, Piyush Gupta, Shikhir Gupta

Company Financials

Austere Systems Ltd Financial Information (Restated)

Period Ended Total AssetsTotal RevenueProfit After Tax
03-202412.2318.663.78
03-20238.615.391.81
03-20224.9812.390.76
Amount in ₹ Crore

Objects of the Issue

The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:

  • Capital expenditure (Upgradation of Hardware)
  • Funding the working capital requirements of the company
  • General corporate purposes

Austere Systems Ltd IPO Prospectus

Austere Systems Ltd IPO Listing Date

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Face Value10

Company Contact Information

Austere Systems Ltd
Office No.301-303 A SquarePlot No.34 ADC Sector 26 Pradh,Pune-411044
Phone: +91 97738 23372
Email: compliance@austere.co.in
Website: www.austeresystems.com

Austere Systems Ltd IPO Registrar

Phone:+91 40 6716 2222
Email: einward.ris@kfintech.com
Website: www.kfintech.com

Austere Systems Ltd IPO Lead Manager(s)

  1. GYR Capital Advisors Pvt Ltd