The share of Austere Systems Ltd. is Rs 55. The company’s shares are trading at a premium of Rs 32 in the gray market. The current GMP is indicating that the company’s shares may lists in the market close to Rs 87.
People are broken on an IPO of a small company Austere Systems Ltd. The company’s IPO has received tremendous response. The IPO of Austere Systems Ltd. has a total 1076.99 times bet. The company’s shares are also rocked in the gray market. The shares of Austere Systems Ltd. are trading at a premium of more than 58 % in the gray market. The IPO of Austere Systems Ltd. was opened on 3 September 2025 to bet and it opened till 9 September.
GMP’s indicate, company shares can be listed at Rs 87
The share of Austere Systems Ltd IPO is Rs 55. At the same time, the company’s shares in the gray market are trading with a premium of Rs 32. The current Gray Market Premium (GMP) is indicating that the company’s shares may lists in the market close to Rs 87. That is, investors who will be allotted the company’s shares in the IPO can expect the benefit of more than 58 % on the listing day. Austere Systems Ltd shares will list the market on Friday 12 September. The total size of the company’s public issue is up to Rs 15.57 crore.
Austere Systems IPO Timeline (Important Dates)
Austere Systems IPO opens on September 3, 2025, and closes on September 9, 2025.
| Details | description |
|---|---|
| IPO Open Date | Wed, Sep 3, 2025 |
| IPO Close Date | Tue, Sep 9, 2025 |
| Tentative Allotment | Wed, Sep 10, 2025 |
| Initiation of Refunds | Thu, Sep 11, 2025 |
| Credit of Shares to Demat | Thu, Sep 11, 2025 |
| Tentative Listing Date | Fri, Sep 12, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Tue, Sep 9, 2025 |
1077 times bet on the company’s IPO
The IPO Total of Austere Systems has been subscribed to 1076.99 times. The company’s IPO has a 1090.81 times subscription in the category of common investors. At the same time, non-institutional investors (non-institutional investors or NII) categories were betting 2149.19 times, while Qualified Institutional Buyers (QIB) quota was 236.50 times subscribed. In the IPO of Austere Systems, common investors could place bets for 2 lots. The IPO had 4000 shares in 2 lots. That is, common investors had to invest at least Rs 2.20 lakh in the IPO of Austere Systems Ltd.
Company business | Austere Systems Ltd.
The Austere Systems Ltd Started in the year 2013. Austere Systems Ltd is a software development company that has specialization in IT services and solutions. The company has a specialization in software development, saas, mobile apps, IT solutions, database management, training, e-commerce, ERP, AI services, process automation, digital transformation and data/document management.
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