Daijiworld Media Network- Mumbai

Mumbai, Sep 10: The allotment status of the highly anticipated Austere Systems IPO is expected to be finalised today, September 10. The SME issue created history on Dalal Street by becoming the most subscribed IPO of 2025, attracting record participation from investors across categories.

The issue witnessed over 1,001.78 times subscription, with bids pouring in for 203.33 crore shares against the 20.30 lakh shares on offer. The Qualified Institutional Buyers (QIBs) segment was subscribed 236.5 times, while Non-Institutional Investors (NIIs) showed massive interest with 1,594.57 times subscription. The retail portion too saw an extraordinary response, subscribed 1,090.93 times.

The IPO, valued at Rs 15.57 crore, was a book-building issue comprising a fresh issue of 28 lakh shares, with the price band fixed at Rs 52 – Rs 55 per share. It remained open for bidding between September 3 and September 9.

According to reports, shares of Austere Systems are tentatively scheduled to be listed on the BSE SME platform on September 12. Kfin Technologies Ltd. is the registrar of the issue.
How to Check Allotment Status

Applicants can check their IPO allotment status online through BSE or KfinTech portals:

On BSE Website

1. Visit: BSE IPO Allotment Page

2. Select Equity as issue type.

3. Choose Austere Systems from the dropdown.

4. Enter Application Number or PAN.

5. Enter captcha code and click Search.

On KfinTech Website

1. Visit: KfinTech IPO Status

2. Select Austere Systems from IPO dropdown.

3. Enter PAN, Application No., or Demat Account details.

4. Enter captcha and proceed to check status.

With the grey market premium (GMP) also indicating strong listing gains, all eyes are now on the allotment outcome, as investors keenly await to see if they have secured a share in this record-breaking issue.