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Ten new IPOs are scheduled for the week of May 6th. The full IPO calendar is here.

TWO BIOPHARMA

Quintiles Transnational Holdings (NYSE:Q)

Based in Durham, NC, Quintiles Transnational Holdings scheduled a $750 million IPO with a market capitalization of $4.9 billion at a price range mid-point of $38 for Thursday, May 9, 2013.

Q is the world's largest provider of biopharmaceutical development services and commercial outsourcing services. It's the biggest company in the sector, but it's a low gross margin service business, with 25% gross margins.

Receptos (NASDAQ:RCPT)

Based in San Diego, CA, Receptos scheduled a $71 million IPO with a market capitalization of $257 million at a price range mid-point of $15, for Thursday, May 9, 2013.

RCPY is a biopharma still in stage 2 clinical trials with a long road ahead of them. RCPY lost $18 million in 2012 and has no product sales.

THREE REITS

Armada Hoffler Properties (NYSE:AHH)

Based in Virginia Beach, VA, Armada Hoffler Properties scheduled a $175 million IPO with a market capitalization of $333.5 million at a price range mid-point of $12, for Wednesday, May 8, 2013.

Post IPO AHH plans on paying a dividend of $.63 per share, which is 5.25% on an annualized basis at the price range mid-point of $12. 47% of AHH's March quarter revenue came from general contracting.

American Residential Properties (NYSE:ARPI)

Based in Scottsdale, AZ, American Residential Properties scheduled a $303 million IPO with a market capitalization of $707 million at a price range mid-point of $22, for Thursday, May 9, 2013.

ARPI is a late entrant into the single family home REIT business. The bankers are trying to price ARPI compared with Silver Bay RealtyTrust (NYSE:SBY).

PennyMac Financial Services (NYSE:PFSI)

Based in Moorpark, CA, PennyMac Financial Services scheduled a $200 million IPO with a market capitalization of $2.3 billion at a price range mid-point of $18, for Thursday, May 9, 2013.

There's a real issue regarding the number of post-IPO shares. There has never been an IPO in recent memory that has deliberately obfuscated the number of post-IPO shares.

TWO REGIONAL BANKS

First NBC Bank Holding (NASDAQ:NBCB)

Based in New Orleans, LA, First NBC Bank Holding scheduled a $100 million IPO with a market capitalization of $414 million at a price range mid-point of $24, for Friday, May 10, 2013.

NBCB is the largest bank in New Orleans, which is fast growing.

TriState Capital Holdings (NASDAQ:TSC)

Based in Pittsburgh, PA, TriState Capital Holdings scheduled a $65.6 million IPO with a market capitalization of $320 million at a price range mid-point of $11.5, for Friday, May 10, 2013.

TSC is a regional bank that has achieved comparatively rapid organic, internal growth.

THREE MISCELLANEOUS

Emerge Energy Services LP (NYSE:EMES)

Based in Southlake, TX, Emerge Energy Services LP scheduled a $150 million IPO with a market capitalization of $464 million at a price range mid-point of $20, for Thursday, May 9, 2013.

EMES is a recently formed Limited Partnership with a estimated yield for March 2014 of 14%, but two customers account for 83% of the sand division's sales.

CYAN (NYSE:CYNI)

Based in Petaluma, CA, CYAN scheduled an $88 million IPO with a market capitalization of $486 million at a price range mid-point of $15, for Thursday, May 9, 2013.

Revenues are increasing at a fast clip: up 85% in the March 2013 quarter compared to March 2012. But one customer accounted for 47% of revenue, and that customer indicates they will be reducing their purchases.

Capitol Acquisition Corp. II (CLACU)

Capitol Acquisition Corp. II is a blank check company with no operations scheduled to raise $150 million.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.

Source: 10 New IPOS Scheduled For Week Of May 6