Get complete details on the Austere Systems IPO. Austere Systems IPO, a SME IPO worth ₹14.78 Cr, was launched from September 3, 2025, to September 9, 2025, and got listed on BSE SME on September 12, 2025. The public issue of Austere Systems IPO (544505) was offered at ₹55.00 per share and was listed at ₹75.55, delivering a listing gain of 37.36%. With a minimum lot size of 2000 shares, the IPO providing a return of ₹41100 per lot on listing. A positive GMP premium signals that the IPO is likely to be at profit while a negative GMP indicates that the IPO is likely to be at a discount. It should be noted that IPO GMP is subject to extreme volatility, so an investment decision based solely on Austere Systems SME IPO GMP will prove risky. Austere Systems IPO is a book-built issue of Rs. 15.57 crore, comprising a fresh issue of 28 lakh equity shares. The IPO opens on September 3, 2025 and closes on September 9, 2025. Basis of allotment will be finalized on September 10, 2025, and the shares are proposed to be listed on BSE SME with a tentative listing date of September 12, 2025.