Austere Systems Ltd IPO Allotment Status: Step-by-Step Guide to Check Online
The allotment of shares of the IPO of Austere Systems Ltd pegged at ₹15.57 crores is all set to take place today, i.e., September 9, 2025. The IPO closed for bidding on September 8, 2025 had shares in the price band between ₹52-₹55. The IPO of Austere Systems Ltd consisted entirely of fresh issue of up to 28,30,000 shares.
Use of IPO Proceeds
The company proposes to utilise the IPO proceeds for:
- Capital expenditure (upgradation of Hardware)
- Funding the working capital requirements
- General corporate purposes
If you want to check the allotment status of Austere Systems Ltd IPO, you can do so online via:
Austere Systems Ltd IPO Subscription Status
(As on, 9th Sep’25, 5:00 PM)
The table highlights the subscription of this IPO by various categories of investors.
| Date | QIB (Ex Anchor) | NII | NII (>₹10L) | NII (<₹10L) | Individual Investors | Total |
|---|---|---|---|---|---|---|
Day 1 | 3.52 | 6.21 | 6.26 | 6.09 | 9.40 | 7.04 |
Day 2 | 3.52 | 35.86 | 33.84 | 39.91 | 41.16 | 29.33 |
Day 3 | 5.62 | 88.77 | 85.43 | 95.44 | 94.11 | 67.83 |
Day 4 | 6.54 | 405.07 | 427.88 | 359.44 | 369.09 | 273.94 |
Austere Systems IPO Allotment Date and Timeline
| Event | Date |
|---|---|
IPO opened on | September 3, 2025 |
IPO closed on | September 9, 2025 |
Basis of allotment | September 10, 2025 |
Initiation of refunds | September 11, 2025 |
Credit of shares to Demat account | September 11, 2025 |
Listing date | September 12, 2025 |
How to Check Austere Systems Ltd IPO Allotment Status?
You can check the allotment status through the following methods:
1. Registrar Website
- Visit the official website of KFin Technologies Ltd
- Click on ‘IPO Allotment Status’ from ‘Investors’ under ‘Products’
- Click on any one of the appearing links
- Choose IPO name and enter either your application number, Demat account or PAN number
- Enter captcha and click on ‘Submit’ to know the status
2. BSE Website
- Go to the BSE website
- Click on ‘Status of Issue Application’ under ‘Investor Services’
- Click on ‘Application Status Check’
- Choose the ‘Issue Type’ and ‘Issue Name’
- Enter either your PAN or Application Number
- Tick the box ‘I’m not a robot’
- Click on ‘Search to view allotment status
What If You Didn’t Get the Allotment?
If you didn’t receive allotment:
- Refunds will be initiated on or about September 9, 2025
- The amount will be credited to your bank account linked to UPI
On the other hand, if allotted shares will reflect in your Demat by September 10, 2025.
When is Austere Systems Ltd Listing?
The shares are expected to be listed on the SME platform of BSE Ltd on or about September 11, 2025. You can track listing gains/losses on Kotak Securities.
This article is for informational purposes only and does not constitute financial advice. It is not produced by the desk of the Kotak Securities Research Team, nor is it a report published by the Kotak Securities Research Team. The information presented is compiled from several secondary sources available on the internet and may change over time. Investors should conduct their own research and consult with financial professionals before making any investment decisions. Read the full disclaimer here.
Investments in securities market are subject to market risks, read all the related documents carefully before investing. Brokerage will not exceed SEBI prescribed limit. The securities are quoted as an example and not as a recommendation. SEBI Registration No-INZ000200137 Member Id NSE-08081; BSE-673; MSE-1024, MCX-56285, NCDEX-1262.