Austere Systems Ltd IPO

The ever-changing technological changes in the industry heavily affect our business.

Our Company, its Directors, its Promoters and Group Companies are party to certain litigation and claims. These legal proceedings are pending at different levels of adjudication before various forums and regulatory authorities. Any adverse decision may make us liable to liabilities/penalties and may adversely affect our reputation, business and financial status.

Our lenders have charge over our movable, immovable properties in respect of finance availed by us.

Our sales to government departments and agencies expose us to business volatility and risks, including government budgeting cycles and appropriations.

We have experienced negative cash flows in the past and may continue to do so in the future and the same may adversely affect our cash flow requirements, which in turn may adversely affect our ability to operate our business and implement our growth plans, thereby affecting our financial condition.

Delay in Receivables from Government Contracts and Capital Blocking in form of mandatory deposits.

There have been certain instances in the past regarding certain discrepancies in fillings made to ROC as per Companies Act, 2013.

Research and development in the software industry is a long and costly process which is subject to various uncertainties. We may not be able to sufficiently invest in the same or generate a timely return on our investment.

Significant security breaches in our computer systems and network infrastructure and fraud could adversely impact our business.

The Company may fail to Secure High-Scale Projects due to Competition from bigger players in the market.