The Austere Systems IPO is one of the upcoming SME issues that has drawn attention in the primary market. With a relatively small issue size of ₹15.57 crore, investors are tracking the IPO for its price band, GMP trends, allotment date, and expected listing gains. In this blog, we cover all key details including Austere Systems IPO GMP today, lot size, subscription dates, and whether you should consider applying.
Austere Systems IPO Overview
IPO Type: SME IPO (Book Built Issue)
Total Issue Size: ₹15.57 crore
Fresh Issue: ₹15.57 crore (0.28 crore shares)
Offer for Sale (OFS): Nil
Face Value: ₹10 per share
Exchange: BSE SME
The IPO will open for subscription on September 3, 2025, and close on September 8, 2025. The allotment of shares is expected on September 9, 2025, while the tentative listing date is fixed for September 11, 2025.
Austere Systems IPO Price Band & Lot Size
Price Band: ₹52 – ₹55 per share
Lot Size: 2,000 shares per lot
Minimum Investment Requirements
Retail Investors: Minimum 2 lots (4,000 shares) = ₹2,20,000 (at the upper price band)
HNIs: Minimum 3 lots (6,000 shares) = ₹3,30,000
This high entry point could limit participation from small retail investors, but it is in line with SME IPO norms.
Austere Systems IPO GMP (Grey Market Premium) Today
Last Updated: Aug 30, 2025 • 12:59 PM
GMP (Grey Market Premium): ₹10
IPO Price (Cap): ₹55
Estimated Listing Price: ₹65 (Cap Price + GMP)
Expected Listing Gain: +18.18% per share
Retail Subject to Sauda: ₹15,200
Based on the last four grey market sessions, Austere Systems IPO GMP has been steady, indicating stable demand. If the trend continues, investors may see moderate listing gains.
Austere Systems IPO Important Dates
Event | Date |
IPO Opens | Sep 3, 2025 |
IPO Closes | Sep 8, 2025 |
Basis of Allotment | Sep 9, 2025 |
Refunds | Sep 10, 2025 |
Credit to Demat | Sep 10, 2025 |
Tentative Listing Date | Sep 11, 2025 |
How to Check Austere Systems IPO Allotment Status
The Austere Systems IPO allotment status will be available on the registrar’s official website after September 9, 2025. Investors can follow these steps:
Visit the registrar’s allotment page.
Select “Austere Systems IPO” from the dropdown menu.
Enter PAN, Application Number, or DP/Client ID.
Click Search/Submit to check your allotment result.
Should You Apply for Austere Systems IPO?
The Austere Systems IPO has a small issue size and is fully a fresh issue, which indicates funds will directly benefit the company’s growth. The GMP trend of ₹10 suggests a possible 18% listing gain if current sentiments sustain.
Strengths:
100% fresh issue (funds go to company growth).
Positive GMP trend with potential listing premium.
Listing on BSE SME, offering visibility in a niche market.
Risks:
High minimum investment of ₹2.2 lakh for retail.
SME IPOs generally have lower liquidity compared to mainboard issues.
Market sentiment can affect listing performance.
Verdict: The Austere Systems IPO shows fair prospects for investors looking at short-term listing gains, given the steady GMP trend. Long-term investors should assess the company’s fundamentals, financial performance, and sector outlook before investing.
Conclusion
The Austere Systems IPO GMP is a ₹15.57 crore SME issue, set to open on September 3, 2025, and list on September 11, 2025, at BSE SME. With a GMP of ₹10 and an estimated listing gain of nearly 18%, it offers moderate potential for listing gains. However, the high investment requirement may restrict retail participation. Investors must carefully evaluate fundamentals beyond grey market trends before applying.
Austere Systems IPO – FAQs
Q1. What is the Austere Systems IPO GMP today?
As of Aug 30, 2025, the Austere Systems IPO GMP is ₹10.
Q2. What is the Austere Systems IPO price band?
The IPO price band is fixed between ₹52 – ₹55 per share.
Q3. What is the minimum investment for retail investors?
Retail investors must apply for 2 lots (4,000 shares), requiring ₹2,20,000 at the upper price band.
Q4. When will Austere Systems IPO allotment be finalized?
The basis of allotment will be announced on September 9, 2025.
Q5. When will Austere Systems IPO list on the exchange?
The tentative listing date is September 11, 2025, on BSE SME.
Q6. What is the expected listing gain for Austere Systems IPO?
With a GMP of ₹10, the estimated listing price is ₹65, indicating around 18% gain.
Q7. How can I check Austere Systems IPO allotment status?
You can check it online on the registrar’s official allotment portal using PAN, DP ID, or application number.
Q8. Is Austere Systems IPO good for short-term investors?
Yes, the steady GMP trend suggests moderate short-term listing gains.
Q9. What is the total issue size of Austere Systems IPO?
The total issue size is ₹15.57 crore, entirely a fresh issue.
Q10. Should I apply for Austere Systems IPO?
It may be considered for short-term listing gains. Long-term investors should review company fundamentals before applying.