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GStocks PH users get real-time allocation starting at just ₱660 for 100 shares, with the option to buy more while shares last.
Mynt Inc. (Mynt), the parent company of the group behind GCash, will hold its initial public offering (IPO) from October 6 to 12, 2026, at an offer price of ₱6.60 per share.
The IPO shares will be available directly in the GCash app through GStocks PH, powered by AB Capital Securities Inc. The minimum order is 100 shares, or ₱660 at the offer price. There is no maximum order limit, subject to share availability.
As an exclusive benefit for GStocks PH users, orders placed on October 6 and 7 will have their first 100 shares allocated in real time, while shares last. Shares ordered beyond the first 100 will be processed on a first-come, first-served basis, subject to availability. Order fulfillment begins October 8. Users can track the status of their orders (fulfilled, pending, or unfulfilled) on their GStocks PH dashboard.
Mynt has received its Permit to Sell for the IPO from the Securities and Exchange Commission, allowing the company to begin its offer period from October 6 to 12. The IPO represents a total size of approximately ₱53.0 billion based on the sale of over 8 billion shares at the final offer price. The offering has already secured strong demand from over 20 global and local institutions, including certain funds and other separately managed accounts managed by relevant investment management subsidiaries of BlackRock Inc., IFC, a member of the World Bank Group focused on the private sector, BPI Asset Management and Trust Corporation, and Metropolitan Bank & Trust Company – Trust Banking Group, accounting for 70% of the allocation, with additional commitments to purchase remaining unsold shares after the offer period.
Assuming full exercise of the overallotment option of up to 1,204,111,400 secondary common shares, the Offer would raise up to approximately ₱60.9 billion, which would make it the largest IPO in Philippine history.
Amid this strong institutional demand, GStocks PH helps more Filipinos participate alongside major financial players by offering retail investors more accessible real-time allocation of 100 shares and the option to subscribe to more on GCash.
Simplifying the IPO process
Buying IPO shares through GCash is simple. Eligible users can open GStocks PH within GCash and transfer funds from their GCash wallet to their trading wallet. They can then tap the Mynt IPO banner anytime during the offer period, input their preferred number of shares, review the order, and hit “Buy” to confirm.
If the demand exceeds the initial shares available to the broker, AB Capital Securities Inc., it will be shown as oversubscribed in the GStocks PH IPO meter, but users can still place orders on the platform and wait until after the offer period to find out their allocation status. Oversubscribed orders are not guaranteed, with any remaining funds returned to the user.
Mynt is set to be listed on the Main Board of the Philippine Stock Exchange (PSE) on October 20, 2026 under the stock symbol GCASH and become publicly available for trading.
Expanding stock market access
GStocks PH makes the stock market, including opportunities like IPOs, more accessible to Filipinos by eliminating traditional barriers.
“We built GStocks PH to completely eliminate the friction of traditional investing. By allowing users to set up and fund their wallets in a matter of minutes, and be able to participate responsibly in the capital markets, we are proving that investing and building a stronger financial future is no longer out of reach for Filipinos,” said Winsley Bangit, Group Head of New Businesses at Mynt.
To get started on GStocks PH, users must be at least 18 and fully verified on GCash. Simply open the app, select GStocks PH on the homepage or Invest tab, and tap AB Capital Securities Inc. No bank or separate brokerage account is required. For more information, visit www.gcash.com.
About Mynt
Mynt is the first and only $5 billion unicorn in the Philippines. It's a leader in mobile financial services focused on accelerating financial inclusion through mobile money, financial services, and technology. Mynt operates two fintech companies: GXI, the mobile wallet operator of GCash — the #1 Finance App in the Philippines, and Fuse Lending, a tech-based lending company that gives Filipinos access to microloans and business loans.
About GCash
GCash is the Philippines’ #1 Finance App and Largest Cashless Ecosystem. Through the GCash App, users can easily purchase prepaid airtime; pay bills via partner billers nationwide; send and receive money anywhere in the Philippines, even to other bank accounts; purchase from over 6 million partner merchants and social sellers; and get access to savings, credit, loans, insurance and invest money, and so much more, all at the convenience of their smartphones. GCash’s mobile wallet operations are handled by G-Xchange, Inc. (GXI), a wholly-owned subsidiary of Mynt, the first and only duacorn in the Philippines.
Mynt and GCash are staunch supporters of the United Nations Sustainable Development Goals (SDGs), particularly UN SDGs 5,8,10, and 13, which focus on safety & security, financial inclusion, diversity, equity, and inclusion as well as taking urgent action to combat climate change and its impacts, respectively.
For more information, please contact:
Bruce Rodriguez, Head of Business Communications
Corporate Communications
Legal Disclaimer & Safe Harbor Statement
This press release is for informational purposes only and does not constitute, or form part of, any offer, solicitation, or invitation to sell, issue, purchase, or subscribe for any securities in the Philippines, the United States, or any other jurisdiction. No securities of Mynt, Inc. have been or will be registered under the U.S. Securities Act of 1933, as amended, and such securities may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. There will be no public offering of the securities of the Company in the United States. No money, securities or other consideration is being solicited by this document or the information contained herein and, if sent in response to this document or the information contained herein, will not be accepted. Any potential initial public offering and listing in the Philippines, if pursued, remain fully subject to prevailing market conditions and regulatory approvals, including the registration requirements of the Philippine Securities and Exchange Commission and the listing rules of the Philippine Stock Exchange, Inc., and there can be no assurance that any such filings will be made or that any offering or listing will be consummated. This document contains forward-looking statements that involve inherent risks and uncertainties; actual results, timelines, and outcomes may differ materially from those projected due to shifting market dynamics, economic environments, and regulatory updates.
