Update: GCash's public share offer is open; ₱6.60 a share until October 12
New since our previous edition: the public offer for Mynt shares opened on October 6 and closes on October 12 at ₱6.60 per share; listing is expected October 20 as GCASH (GMA News, The Star). No first-day subscription data has been published that DailyDrop has seen.
A large retail offering tests whether ordinary savers will buy into stocks amid inflation and rate hikes.
Subscribing needs a broker account. Never borrow to buy IPO shares.
A modest price and strong institutional demand suggest confidence in the fintech business.
With stocks sliding and rates rising, first-day gains are not guaranteed.
We will report the subscription tally when it is published. Treat the listing date as the real test.
DailyDrop Philippines edition No. 3 · Morning · WED., OCT. 7, 2026