Austere Systems SME IPO Subscription Status
Austere Systems SME IPO closed on 8 September 2025 with an overall subscription of 1076.99x based on shares applied. QIB demand came in at 236.50x, NII at 2,149.54x, and retail at 1,090.93x.
Allotment will be finalised on 9 September 2025. The stock is scheduled to list on NSE and BSE on 11 September 2025.
Issue Price
Rs 55.00
GMP Today
Rs 32.00 (+58.18%)
Overall Subscription
1,076.99x
Issue Size
₹14.78 Cr
Allotment Date
9 Sept 2025
Listing Date
11 Sept 2025
Austere Systems SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 55.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 2.95 Cr | Rs 697.19 Cr | 236.50x |
| FII | - | Rs 260.96 Cr | - |
| DFI | - | Rs 5.73 Cr | - |
| Mutual Funds | - | Rs 1.99 Cr | - |
| Other | - | Rs 428.51 Cr | - |
| NII | Rs 2.24 Cr | Rs 4,823.57 Cr | 2,149.54x |
| bNII (above Rs 10L) | Rs 1.50 Cr | Rs 3,779.07 Cr | 2,526.12x |
| Corporate | - | Rs 34.38 Cr | - |
| Individual | - | Rs 3,709.71 Cr | - |
| Other | - | Rs 34.99 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 74.80 L | Rs 1,044.49 Cr | 1,396.38x |
| Corporate | - | Rs 6.26 Cr | - |
| Individual | - | Rs 1,031.75 Cr | - |
| Other | - | Rs 6.49 Cr | - |
| IND | Rs 5.19 Cr | Rs 5,664.10 Cr | 1,090.93x |
| Fixed price | - | Rs 5,664.10 Cr | - |
| Total | Rs 10.38 Cr | Rs 11,184.86 Cr | 1,077.12x |
Austere Systems SME IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 268 | 157 | 0.59x |
| FII | - | 35 | - |
| DFI | - | 2 | - |
| Mutual Funds | - | 1 | - |
| Other | - | 119 | - |
| NII | 68 | 58,217 | 856.13x |
| bNII (above Rs 10L) | 45 | 31,944 | 709.87x |
| Corporate | - | 270 | - |
| Individual | - | 31,437 | - |
| Other | - | 237 | - |
| sNII (Rs 2L to Rs 10L) | 23 | 26,273 | 1,142.30x |
| Corporate | - | 157 | - |
| Individual | - | 25,954 | - |
| Other | - | 162 | - |
| IND | 236 | 2,57,459 | 1,090.93x |
| Fixed price | - | 2,57,459 | - |
| Total | 572 | 3,15,833 | 552.16x |
What Do These Subscription Numbers Mean?
A subscription of 1076.99x by shares means the IPO received bids for 1077 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 236.50x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 236.50x, it reflects serious institutional conviction.
NII at 856.13x by applications: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription. bNII came in at 709.87x and sNII at 1,142.30x by applications. Share subscription was 2,149.54x. Allotment uses application count, not share volume.
At 1,090.93x subscription by applications, approximately 1 in 1091 retail applicants can expect an allotment (~1% per application). Retail allotment is done by lottery when oversubscribed.
Austere Systems SME IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail (IND)
- •Application subscription: 1,090.93x.
- •Allotment odds: about 1 in 1091 (~1% chance per application).
- •Method: Lottery. If allotted, you receive at least one lot.
- •One application per PAN. Multiple eligible accounts in a household can improve overall family odds, not individual odds.
SHNI (Rs 2 lakh to Rs 10 lakh)
- •Application subscription: 1,142.30x.
- •Allotment odds: about 1 in 1142 for a minimum-lot application (~1% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
- •Share subscription was 1,396.38x. Allotment uses application count, not share volume.
BHNI (above Rs 10 lakh)
- •Application subscription: 709.87x.
- •Allotment odds: about 1 in 710 for a minimum-lot application (~1% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
- •Share subscription was 2,526.12x. Allotment uses application count, not share volume.
Check the Austere Systems SME IPO Allotment Status page from 9 September 2025 for your allotment result.
Austere Systems SME IPO GMP After Subscription
GMP for Austere Systems SME stands at Rs 32.00 today, giving an estimated listing price of Rs 87.00 per share.
The GMP has moved up from Rs 10.00 on 27 Aug 2025 to Rs 30.00 on 10 Sept 2025.
A subscription of 1076.99x combined with a GMP of 58.18% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Austere Systems SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Austere Systems SME IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 3 Sept 2025 | 3.52x | 6.21x | 9.40x | 7.04x |
| Day 2 - 4 Sept 2025 | 3.52x | 35.86x | 41.16x | 29.33x |
| Day 3 - 5 Sept 2025 | 5.62x | 88.77x | 94.11x | 67.83x |
| Day 4 - 8 Sept 2025 | 6.54x | 405.07x | 369.09x | 273.94x |
Austere Systems SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 3 September 2025 |
| IPO Close Date | 8 September 2025 |
| Allotment Date | 9 September 2025 |
| Refund Initiation | 10 September 2025 |
| Share Credit to Demat | 10 September 2025 |
| Listing Date | 11 September 2025 |
| Minimum Investment | Rs 2,20,000.00 |
| Lot Size | 2000 shares |
About Austere Systems SME
No company information available
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
IND - Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Austere Systems SME IPO Subscription FAQs
What is Austere Systems SME IPO subscription status today?
Austere Systems SME IPO subscription closed on 8 September 2025 with overall subscription of 1076.99x (by shares) as of 27 June 2026, 2:47 AM IST. QIB 236.50x, NII 856.13x, IND 1,090.93x.
What is the overall subscription of Austere Systems SME IPO?
Austere Systems SME IPO is subscribed 1076.99x overall by shares at close on 8 September 2025. QIB 236.50x, NII 856.13x, and IND 1,090.93x.
What is Austere Systems SME IPO QIB subscription?
Austere Systems SME IPO QIB (Qualified Institutional Buyers) subscription is 236.50x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Austere Systems SME IPO IND subscription?
Austere Systems SME IPO IND subscription is 1,090.93x by applications. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Austere Systems SME IPO NII subscription?
Austere Systems SME IPO NII (Non-Institutional Investors) subscription is 856.13x by applications. NII covers bids above Rs 2 lakh.
What are allotment chances in Austere Systems SME IPO for retail?
At 1,090.93x subscription by applications, approximately 1 in 1091 retail applicants can expect an allotment (~1% per application). Allotment is done by lottery.
When is Austere Systems SME IPO allotment date?
Austere Systems SME IPO allotment date is 9 September 2025. Check Austere Systems SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Austere Systems SME IPO subscription close?
Austere Systems SME IPO subscription closed on 8 September 2025. No new applications are accepted after the close.
What is Austere Systems SME IPO GMP today?
Austere Systems SME IPO GMP is ₹32 today (+58.18% over issue price ₹55). See live GMP on the Austere Systems SME IPO GMP Today page.
What is Austere Systems SME IPO issue price and lot size?
Austere Systems SME IPO issue price is ₹55 per share. Lot size is 2000 shares. Minimum investment is ₹2,20,000 per lot (minimum 2 lots for SME). Issue size: ₹14.78 Cr.
When is Austere Systems SME IPO listing date?
Austere Systems SME IPO listing date is 11 September 2025 on NSE and BSE. Allotment is on 9 September 2025.
How does subscription affect Austere Systems SME IPO allotment?
Allotment odds in Austere Systems SME IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII proportional allotment at 856.13x by applications means roughly 1 in 856 for minimum-lot bids; bNII at 709.87x (~1 in 710). At 1076.99x overall, competition is very high.
For allotment results from 9 September 2025, visit the Austere Systems SME IPO Allotment Status page. For listing day updates on 11 September 2025, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.