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Mynt IPO pricing and GCash market expansion

Updated 4 times since CLSTR started tracking revisions of this situation.

What changed

2026-10-07 02:24 UTC → 2026-10-20 03:39 UTC · added removed

Mynt, the parent company of the Philippine mobile wallet GCash, has set its initial public offering (IPO) price at 6.60 Philippine pesos per share. The offering is expected to list on the Philippine Stock Exchange on October 20, 2026, under the ticker GCASH. The offering period is was scheduled to run from October 6 to October 12, 2026. The base offering consists of approximately 8.03 billion common shares, with an additional over-allotment option of roughly 1.2 billion shares. If the over-allotment option is fully exercised, the deal could raise up to approximately 60.9 billion pesos, potentially making it the largest IPO in Philippine history. This IPO is expected to value Mynt at approximately 441.54 billion pesos (roughly $7 billion). Major shareholders include Globe Telecom, which holds a 33.8% stake, and Ant Group, which holds 27.6%. The IPO has attracted significant institutional interest, with over 20 global and local entities—including BlackRock, IFC, BPI Asset Management, and Metropolitan Bank & Trust Company—committing to the offering. Retail investors can could participate directly through the GCash app via the GStocks PH service, powered by AB Capital Securities Inc. Users can subscribe with a minimum order of 100 shares (approximately 660 pesos). For orders placed on On October 6 and 7, the first 100 shares will be allocated in real time, subject to availability. GCash continues to expand its digital investment capabilities through GStocks PH, integrated into 20, 2026, Mynt officially debuted on the GCash GInvest ecosystem. This expansion supports a growing trend in Main Board of the Philippine market where Stock Exchange. President Ferdinand R. Marcos Jr. attended the bell-ringing ceremony, stating that the fintech giant increases “financial accessibility through digital trading platforms technology.” He noted that strong interest from local and e-wallets manage international investors demonstrates “continued confidence in Filipino enterprises despite a significant portion of the 3.64 million total stock market accounts. challenging global economic environment.” The listing also provides potential benefits to Ayala Corp, which holds an interest in Mynt’s digital financial business.

Versions

  1. 2026-10-20 03:39 UTC Mynt IPO pricing and GCash market expansion
  2. 2026-10-07 02:24 UTC Mynt IPO pricing and GCash market expansion
  3. 2026-10-05 15:21 UTC Mynt IPO pricing and GCash market expansion
  4. 2026-09-29 03:23 UTC Mynt and GCash expansion in the Philippines
  5. 2026-09-27 20:34 UTC Mynt and GCash expansion in the Philippines

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