8 US IPOs planned for the week of Jul 23

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The following IPOs are expected to price this week :

AmREIT ( AMRE ), a full service REIT that owns and operates neighborhood and community shopping centers, plans to raise $51 million by offering 3.4 million shares at a price range of $14.00 to $16.00. At the midpoint of the proposed range, AmREIT would command a market value of $231 million. AmREIT, which was founded in 1993, booked $39 million in sales over the last 12 months. The Houston, TX-based company plans to list on the NYSE under the symbol AMRE. Jefferies & Co. and Baird are the joint bookrunners on the deal.

Avast Software ( AVST ), which provides the world's most widely used consumer security software, plans to raise $90 million by offering 9.0 million shares at a price range of $9.00 to $11.00. At the midpoint of the proposed range, Avast Software would command a market value of $846 million. Avast Software, which was founded in 1988, booked $91 million in sales over the last 12 months. The Prague-based company plans to list on the NASDAQ under the symbol AVST. UBS Investment Bank, Deutsche Bank Securities and Jefferies & Co. are the joint bookrunners on the deal.

Chuy's Holdings ( CHUY ), a mexican restaurant chain with 36 locations in Texas and the Midwestern US, plans to raise $70 million by offering 5.8 million shares at a price range of $11.00 to $13.00. At the midpoint of the proposed range, Chuy's Holdings would command a market value of $188 million. Chuy's Holdings, which was founded in 1982, booked $139 million in sales over the last 12 months. The Austin, TX-based company plans to list on the NASDAQ under the symbol CHUY. Jefferies & Co. and Baird are the joint bookrunners on the deal.

Del Frisco's Restaurant Group ( DFRG ), a high-end steakhouse operator with 32 restaurants in 18 states, plans to raise $105 million by offering 7.0 million shares at a price range of $14.00 to $16.00. At the midpoint of the proposed range, Del Frisco's Restaurant Group would command a market value of $335 million. Del Frisco's Restaurant Group, which was founded in 1982, booked $212 million in sales over the last 12 months. The Southlake, TX-based company plans to list on the NASDAQ under the symbol DFRG. Deutsche Bank Securities, Piper Jaffray and Wells Fargo Securities are the joint bookrunners on the deal.

E2open ( EOPN ), which provides on-demand supply chain management software to large enterprises, plans to raise $75 million by offering 4.7 million shares at a price range of $15.00 to $17.00. At the midpoint of the proposed range, E2open would command a market value of $437 million. E2open, which was founded in 2000, booked $64 million in sales over the last 12 months. The Foster City, CA-based company plans to list on the NASDAQ under the symbol EOPN. is the lead bookrunner on the deal.

Hyperion Therapeutics (HPTX), a focused on the treatment of urea cycle disorders and hepatic encephalopathy, plans to raise $50 million by offering 4.2 million shares at a price range of $11.00 to $13.00. At the midpoint of the proposed range, Hyperion Therapeutics would command a market value of $187 million. Hyperion Therapeutics, which was founded in 2006, booked $0 million in sales over the last 12 months. The South San Francisco, CA-based company plans to list on the NASDAQ under the symbol HPTX. Leerink Swann and Cowen & Company are the joint bookrunners on the deal.

Natural Grocers by Vitamin Cottage (NGVC), a western retailer of natural and organic groceries and dietary supplements, plans to raise $100 million by offering 7.1 million shares at a price range of $13.00 to $15.00. At the midpoint of the proposed range, Natural Grocers by Vitamin Cottage would command a market value of $305 million. Natural Grocers by Vitamin Cottage, which was founded in 1955, booked $297 million in sales over the last 12 months. The Lakewood, CO-based company plans to list on the NYSE under the symbol NGVC. Suntrust Robinson Humphrey and Piper Jaffray are the joint bookrunners on the deal.

Northern Tier Energy (NTI), a independent oil refiner and retailer in the PADD II region of the US, plans to raise $325 million by offering 16.3 million shares at a price range of $19.00 to $21.00. At the midpoint of the proposed range, Northern Tier Energy would command a market value of $1.8 billion. Northern Tier Energy, which was founded in 2010, booked $4.3 billion in sales over the last 12 months. The Ridgefield, CT-based company plans to list on the NYSE under the symbol NTI. Goldman Sachs, Barclays, BofA Merrill Lynch and Credit Suisse are the joint bookrunners on the deal.

Renaissance Capital will have Pre-IPO Research available on each of these upcoming IPOs prior to its pricing.

Last week, there were 4 IPO pricings . Five Below (FIVE), a pre-teen to teen-focused retailer that offers all of its products at $5 or below, was the week's winner, ending up 60% from its IPO price.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: News Headlines , IPOs

Referenced Stocks: AMRE , AVST , CHUY , DFRG , EOPN

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