Austere Sys.

Experienced Promoter and Qualified Senior Management Team.

Global presence of our Company.

Scalable Business Model.

Strategy to build capacity and capabilities necessary to develop and increase the value of the business by growth across multiple dimensions.

Our Customer- Centric Approach.

In- House Expertise/Human Resource- Our team comprises of highly skilled professionals with a prudent mix of experienced and young professional with diverse expertise.

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.

The length of our sales cycle may fluctuate significantly and depends on several external factors which may result in significant fluctuations in our revenues.

Any IT system failures or lapses on part of any of our employees may lead to operational interruption, liabilities or reputational harm.

Interruptions or performance problems associated with our technology and infrastructure may harm our business and results of operations.

In execution of our projects, we collect information and data which are highly sensitive with regard to maintenance of secrecy of the projects and its data and information. Any failure on our part to maintain secrecy of our projects, will have an adverse effect on our results of operations and financial condition.

None of the Directors of the Company have experience of being a director of a public listed company.

We may become liable to our customers and lose customers if we have defects or disruptions in our service or if we provide poor service.

Cost Fluctuations in Cloud Software Services which in turn can increase our cost and affect our profitability.

We face intense competition. If we are unable to compete effectively, the results of operations and prospects for our business could be harmed.

We may be unable to sufficiently obtain, maintain, protect, or enforce our intellectual property and other proprietary rights.

We are dependent on our Individual Promoters, our management team and our skilled and trained staff and the loss of, or our inability to hire, retain, train, and motivate qualified personnel could adversely affect our business, results of operations and financial condition.

Our Company may face difficulty in hiring skilled staff for our smooth operations.

Our ability to pay dividends in the future will depend upon our future earnings, financial condition, cash flows, working capital requirements, capital expenditure and restrictive covenants in our financing arrangements.

We derive a significant portion of our revenues from a limited number of clients. The loss of any significant clients may have an adverse effect on our business, financial condition, results of operations, and prospect.

Our pricing structures do not accurately anticipate the cost and complexity of performing our work and if we are unable to manage costs successfully, then certain of our contracts could be or become unprofitable.

Our global operations expose us to numerous and sometimes conflicting legal and regulatory requirements, and violation of these regulations could harm our business.

Exchange rate fluctuations in various currencies of the countries we operate in may have adverse impact on our business.

Our staffing business is susceptible to unfavorable socioeconomic perception of the society and the industry.

We are dependent upon the experience and skill of our management team and a number of KMPs and senior management personnel. If we are unable to attract or retain such qualified personnel, this could adversely affect our business, results of operations and financial condition.

The Objects of the Issue for which funds are being raised have not been appraised by any bank or financial institution. The deployment of funds is entirely at the discretion of our management and as per the details mentioned in the section titled "Objects of the Issue". Any revision in the estimates may require us to reschedule our expenditure and may have a bearing on our expected revenues and earnings.

There is no monitoring agency appointed by our Company and deployment of funds are at the discretion of our Management and our Board of Directors, though it shall be monitored by the Audit Committee.

The average cost of acquisition of Equity Shares by our Promoters is lower than the Issue Price.

We have issued Equity Shares at a price below the proposed issue price during the past 3 years prior to the date of filing the Red Herring Prospectus and the average cost of acquisition of Equity Shares by our Promoters is lower than the Issue Price.

Our Company has in the past entered into related party transactions and may continue to do so in the future. There can be no assurance that such transactions, individually or in the aggregate, will not have an adverse effect on our financial condition and results of operations.

We may not be able to collect receivables due from our clients, in a timely manner, or at all, which may adversely affect our business, financial condition, results of operations and cash flows.

We require certain approvals, licenses, registration and permits for our business, and the failure to obtain or renew them in a timely manner may adversely affect our operations.

We are subject to risks arising from interest rate fluctuations, which could reduce the profitability of our projects and adversely affect our business, financial condition and results of operations.