GCash stock price after IPO: flat at P6.60 on day one

What happened. On 20 October 2026 shares of Mynt Inc. began trading on the Philippine Stock Exchange (PSE). Mynt owns GCash, the largest e-wallet in the Philippines. The IPO price was P6.60 a share. Trading ended on day one at that same level, unchanged. During the day the price reached P6.76. The ticker the outlets give is GCASH.

How much was raised. The company raised P60.9 billion. The PSE calls it the largest initial public offering (IPO) in its history. The base offer was 8,027,409,600 common shares. Up to 1,204,111,400 more shares can be added through an overallotment option, a reserve that lets the underwriters sell a few more shares if demand is strong. Market capitalization at the start was P441.5 billion, about $7 billion. By that measure Mynt is the seventh largest company listed on the PSE.

Who is behind it. Mynt is a joint venture of Globe Telecom, Ayala and Ant Group, which is linked to Alibaba. GCash has more than 40 million monthly active users. In the app people can pay, borrow, save and handle bills. Demand beat supply: local trading participants put in orders for more than 2.65 billion shares against an allocation of 1.6 billion. About 140,000 GCash users bought shares inside the app, for roughly P1.1 billion. According to Philstar, cornerstone investors took 59.8% of the offered shares, and J.P. Morgan led the offering.

What about the price since the debut. This is what people search for, and the honest answer is that we do not have a verified closing price for any day after 20 October. The articles we opened only cover the first day. We do not use figures from data aggregators or opinion columns until the PSE or a major outlet confirms them. For the current price, check the PSE under the ticker GCASH or ask your broker.

One thing to remember. A first-day price says little about what comes next. A flat close only means demand that day matched the offer price. This is not advice to buy or sell.

Hechos confirmados

• Shares of Mynt Inc., the parent of GCash, began trading on the PSE on 20 October 2026; the IPO price was P6.60 a share.^[1][2]
• Trading on the first day ended at P6.60, unchanged from the offer price.^[2][3][4]
• The price reached P6.76 during the first day.^[3][4]
• The offering raised P60.9 billion; the PSE calls it the largest IPO in its history.^[1][2][4]
• The base offer was 8,027,409,600 common shares, plus an overallotment option of up to 1,204,111,400 shares.^[1]
• Market capitalization at the debut was P441.5 billion, about $7 billion; Mynt ranks seventh among PSE-listed companies by that measure.^[1][3][4]
• The ticker on the PSE is GCASH.^[3][4]
• Mynt operates GCash, the Philippines' largest e-wallet with more than 40 million monthly active users; it is a joint venture of Globe Telecom, Ayala and Ant Group.^[2]
• Local trading participants submitted orders for more than 2.65 billion shares against an allocation of 1.6 billion; 140,725 GCash subscribers bought about P1.1 billion of shares through the app.^[3]
• Cornerstone investors took 59.8% of the offered shares; J.P. Morgan led the offering.^[4]

Implicaciones

• Nuestra lecturaA flat first-day close means demand that day matched the offer price; it says nothing about the price in the coming weeks.
• Nuestra lecturaA listed company must report its results regularly, so readers will get more checkable data on GCash.
• ConfirmadoPrices after 20 October are not confirmed in the articles we opened.

Todavía no se sabe

• The GCASH closing price for any day after 20 October.
• Whether the overallotment option is used, and how much.
• How the price behaves in the coming weeks.

A quién afecta

Philippines, Global. People searching for the GCash stock price after the IPO who want to know what Mynt is and how the debut went

Fuentes

1. GMA Network: GCash parent debuts at PSE, opens with P441.5B market capitalization 20 de octubre de 2026 · medios
2. The Star (Malaysia): Parent company of Philippines' leading e-wallet provider makes stock debut 21 de octubre de 2026 · medios
3. BusinessMirror: GCash operator shares flat after debut at local bourse 20 de octubre de 2026 · medios
4. The Philippine Star: GCash parent makes historic market debut 20 de octubre de 2026 · medios