One Gasmaster Holdings Berhad IPO Analysis

One Gasmaster Holdings Berhad

One Gasmaster Holdings Berhad is an investment holding company. Through its wholly-owned subsidiary, One Gasmaster Sdn Bhd (OGM), the Group is principally involved in providing environmental monitoring, gas detection, gas piping, and industrial hygiene services. The Group also offers maintenance and calibration services via its ISO/IEC 17025 certified laboratory and engages in the trading of related products such as instruments, parts, and components. The company and its subsidiary are incorporated in Malaysia.

Draft Prospectus (MITI)
Final Prospectus (Public)

Interim Shariah Status (Draft)

SC Shariah Status :

No status

Sharlife Shariah Status :

No status

Prospectus Date :

July 2025

Interim Shariah Status (Final)

Interim Shariah Status :

TBD

IPO Allocation Shares

Allocation	Shares	%
Malaysian Public
Eligible Directors and Employee
Private placement to selected investors and others

Income Statement

	31/12/2022	31/12/2023	31/12/2024	% Growth
Revenue
Other Income
Interest Income
Profit After Tax
PAT Margin %

Balance Sheet

	31/12/2022	31/12/2023	31/12/2024	% Growth
Non-current Assets
Current Assets
Non Current Liabilities
Current Liabilities
Deferred Liabilities
Total Assets
Total Liabilities

Capital & Reserves

	31/12/2022	31/12/2023	31/12/2024	% Growth
Share Capital
Retained Earnings
Reserves
Working Capital
Shareholder Fund

Ratio

0 = Lowest | 5 = Highest

	31/12/2022	Score	31/12/2023	Score	31/12/2024	Score	% Growth
Current Ratio (Liquidity)
Debt Ratio (Leverage)
Gearing Ratio (Leverage)
Return on Capital Employed
Total Assets Turnover

Altman-Z

31/12/2022	31/12/2023	31/12/2024	Overall weighted score

P/E Comparison

Company P/E ratio

Peers	P/E

Summary Checklist

Checklist	Remarks
Business Segments
Principal Activities
Competitive Strength
Business Strategies and Future Plans
Revenue

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