Filipinos gain easy access to IPOs on GStocks PH in GCash

Upcoming Maynilad share sale marks the launch of the new IPO subscription feature within the GCash app, offered by broker AB Capital Securities Inc.

As more Filipinos look for ways to grow their investments, GCash is introducing a new IPO subscription feature on GStocks PH, offered by AB Capital Securities, Inc., that will allow everyday investors to participate in Initial Public Offerings (IPOs).

The new feature enables individual investors to easily subscribe to shares when a company lists for the first time on the Philippine Stock Exchange (PSE). It will launch on GStocks PH within the GCash app from October 23 to 29, aligning with the upcoming Maynilad IPO offer period, and will be available during other initial listings moving forward.

In the past, participating in an IPO was often a fragmented and uncertain process for retail investors. There was limited assurance that subscribed shares would be allocated, and transactions typically took place outside the broker’s main trading platform, which made the overall experience inconvenient and less accessible.

GCash aims to address these barriers by offering a fully digital, unified experience within the app. Through GStocks PH, Filipinos can open a stock trading account, fund it using their GCash wallet, and subscribe to IPO shares all in one platform.

The feature also brings greater transparency to the process by showing investors in real time how many shares are still available for subscription through their broker, and immediately confirming whether their purchase has been successfully allocated or not. By distributing shares on a first-come, first-served basis, this addresses a common issue in past IPOs where retail investors are not always guaranteed their shares, especially when an IPO is oversubscribed. Oversubscription occurs when demand exceeds available shares allocated to the broker.

“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 group head of new businesses Winsley Bangit at Mynt (the parent company of GCash)

“We aim to extend the same ease of access and convenience experienced by institutional investors to individual investors while ensuring a secure, transparent, and compliant investment environment for all. The rollout of this feature ensures public offerings are truly open to the public and brings us one step closer to democratizing investing for every Filipino.” he added.

“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. This aligns with our mission to make investing in stocks more inclusive and transparent,” said AB Capital Securities Inc. research head, Hazel Tanedo Tan.

To access the IPO subscription feature, fully verified GCash users with an updated kyc must go to GInvest in the GCash app and register for GStocks PH. The new feature will be launched during the Maynilad IPO from October 23 to 29 and will continue to be available on GStocks PH via AB Capital Securities Inc. during future IPOs and FOOs (follow-on offerings).

GCash continues to deliver accessible and inclusive financial tools that empower Filipinos to build their wealth through smarter investing.

For more information, please visit www.gcash.com.

The information provided is for informational purposes only and does not constitute financial, investment, or professional advice. You should always consult a qualified financial professional before making any investment decisions. All investments carry inherent risks, including the potential loss of principal. Past performance is not indicative of future results. Any reliance you place on the information provided is strictly at your own risk.