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-2025
09-Sep-2025
₹ 55.00
₹ 0.00
Minimum Application for shares in Nos : 4000.0
Further Multiples of : 2000.0
(₹)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
Projects
Capital expenditure (Upgradation of Hardware)
Funding the working capital requirements of the company