Founded in 2015, Austere Systems specializes in an extensive array of services, including software development, Software as a Service (SaaS), mobile application development, information technology solutions, database management, ITenabled services, training and development, web development, web and portal operations, e-commerce platforms, ERP and MIS solutions, Data Analytics and AI Services, Process automation, Digital Transformation as well as data and document management storage.

Mr. Shikhir Gupta and Mr. Rahul Teni are the co-founders and promoters of this company and both individually have more than 18 years of experience in the IT industry. Prior to founding the Company, Mr. Shikhir Gupta and Mr. Rahul Teni have more than a decade of experience of managing various large IT projects and product developments for major clients across various domains and clients across globe.

The Revenues from operations for the Fiscals ended on Mar 31, 2025, 2024 and 2023 were ₹ 18,86,167.09 Hundred, ₹ 18,65,442.16 Hundred and ₹  15,39,508.26 Hundred. The EBITDA for the Fiscals ended on Mar 31, 2025, 2024 and 2023 were ₹ 6,04,887.34 Hundred, ₹ 6,29,773.83 Hundred and ₹ 6,05,868.23 Hundred. The Profit after Tax for the Fiscals ended on Mar 31, 2025, 2024 and 2023 were were ₹ 4,01,325.53 Hundred, ₹ 4,14,526.71 Hundred and ₹ 1,76,984.12 Hundred respectively. This indicates a steady growth in financial performance.

The Company Key Performance Indicates the pre-issue EPS of ₹ 5.35 and post-issue EPS of ₹ 3.83 for FY24. The pre-issue P/E ratio is 10.28x, while the post-issue P/E ratio is 14.36x against the Industry P/E ratio is 71x. The company's ROCE for FY24 is 33.12%, ROE for FY24 is 31.76% and RoNW is 24.66%. These metrics suggest that the IPO is fairly priced.

The Grey Market Premium (GMP) of Austere Systems showing listing gains of 14.54 %.Given the company's financial performance and the valuation of the IPO, we recommend Risky Investors to Apply to the Austere Systems Limited IPO for Listing gain.

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About the Author
CA Abhay Kumar (Also known as  CA Abhay Varn) is a qualified Chartered Accountant by profession and cleared CA at age 21. He is a SEBI Registered Research Analyst with Registration Number - INH300008465. He Possesses 8+ years of experience in the Stock Market Field and has also worked in Big CA firms.