Insider Spotlight
This feature allows individual investors to subscribe to Initial Public Offerings (IPOs) directly through the GCash app.
It will be available on GStocks PH from Oct. 23 to 29, coinciding with the Maynilad IPO offer period, and will continue to support other upcoming listings on the Philippine Stock Exchange (PSE) GCash said in a press release.
Why it matters
Historically, IPO participation has been fragmented and uncertain for retail investors. Subscription processes were often manual, with no guarantee of share allocation and transactions taking place outside the main trading platform.
GCash’s new feature seeks to simplify this by offering a fully digital, transparent IPO experience within its ecosystem.
Through GStocks PH, users can open a trading account, fund it using their GCash wallet, and subscribe to IPO shares all in one seamless flow.
A more transparent IPO process
The platform provides real-time visibility into available shares and instantly confirms allocations. Shares are distributed on a first-come, first-served basis—addressing a long-standing issue where retail investors often missed out when IPOs were oversubscribed.
“Through GStocks PH, we’re ushering in a completely digital IPO experience that addresses traditional barriers that limited how ordinary Filipinos participated in public listings in the past,” said Winsley Bangit, group head of new businesses at Mynt, the parent company of GCash.
The big picture
“Through our continued partnership with GCash, AB Capital Securities is proud to make IPOs more accessible to Filipinos by bringing a fully digital experience via GStocks PH,” said Hazel Tanedo Tan, research head at AB Capital Securities Inc.
To access the feature, fully verified users can go to GInvest in the GCash app and register for GStocks PH. GCash says the initiative is part of its mission to democratize investing and make public offerings truly open to all Filipinos. —Ramon C. Nocon | Ed: Corrie S. Narisma
