SRKK AI IPO Review: 312.3× Oversubscribed — Bursa's Hottest 2026 Debut, Still Up 78%

SRKK AI's IPO drew the most retail demand of any Bursa listing this year — 312.3 times oversubscribed. It closed +90.6% on debut, and is still up big seven weeks later.

A record 312.3× oversubscription

• 29,428 applications chased just 14.2 million shares — RM1.4 billion of demand.
• The RM20.48 million raise was small — a smaller offer inflates the oversubscription multiple.
• SRKK AI is a Microsoft Cloud Solution Provider — first in Malaysia with all six AI partner badges.

The debut, and where it stands now

• Market cap reached ~RM173 million at the debut close — nearly double the RM90.88 million IPO valuation.
• Down just 6.6% from its debut close, seven weeks on — most of the pop has held.

What SRKK AI actually does

• The bulk of the raise funds AI labs, a training academy and a security operations centre — not just marketing.
• SRKK AI pays a minimum 20% dividend of profit — modest, for a stock trading on an AI story.

Compare brokers to trade Bursa stocks, or read how the same balloting maths played out in Stratus Global's IPO review.

What to watch

• ~30 Aug 2026SRKK AI's first post-listing quarterly report (Q2, ended 30 June) falls due under Bursa's standard 2-month reporting deadline — no company-confirmed date yet.
• 8 Sep 2026GTA Holdings lists on the ACE Market — the next contender for 2026's oversubscription record.
• 15 Sep 2026Butterfield FB lists next; applications for its ACE Market IPO close 2 Sep.

Sources & further reading

• The Star — SRKK AI's IPO public tranche oversubscribed 312.3 times
• The Edge Malaysia — SRKK AI attracts RM1.4b in retail bids as IPO oversubscribed 312 times
• BusinessToday — M+Global Assigns 68% Fair Value Upside For SRKK AI
• Investing.com — SRKK AI Berhad share price & historical data
• Rates.my — Malaysia IPO calendar & every 2026 Bursa debut
• Rates.my — Stratus Global IPO Review, the same balloting maths