Austere Systems’ Initial Public Offering of Rs 16 crore closed with huge oversubscription. Allotment was finalized. Refunds and demat credit are scheduled. Shares will list on the Bombay Stock Exchange SME platform. Investors can check allotment status on KFin Technologies or the Bombay Stock Exchange website. The IPO proceeds will fund working capital and general corporate needs.
AMFI reshuffle: Hindustan Copper among 6 smallcap stocks that may get upgraded to midcap
Six smallcap stocks could be upgraded to the midcap segment in AMFI’s H2 CY26 semi-annual rejig, according to Nuvama Institutional Equities.