GCash is introducing a new Initial Public Offering (IPO) subscription feature on its GStocks PH platform, following a partnership with AB Capital Securities, Inc.

The new function allows individual investors to subscribe to shares when a company first lists on the Philippine Stock Exchange (PSE).

GCash will launch the feature within its app from 23 to 29 October to coincide with the upcoming Maynilad IPO offer period, and will make it available for future listings.

Previously, retail investors often faced a fragmented process with no assurance of share allocation.

GCash aims to address this by providing a unified experience where users can open an account, fund it, and subscribe to shares all within the app.

The platform will show available shares in real-time and provide immediate allocation confirmation on a “first-come, first-served” basis.

“Through our continued partnership with GCash, AB Capital Securities is proud to make IPOs more accessible to Filipinos,” said Hazel Tanedo Tan, Research Head at AB Capital Securities Inc.

He also mentioned that this effort aligns with the company’s mission to make investing in stocks more inclusive and transparent.

This move to facilitate public listings for other companies comes as GCash itself is reportedly reassessing its own market debut.

According to a Bloomberg report, the firm is now targeting the second half of 2026 for its long-awaited IPO, a delay from a potential 2025 date, citing weaker local market sentiment.

In a statement, GCash’s parent company Mynt said no final decision on the timeline has been made.

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