Seeking Alpha
Research analyst, IPOs, long/short equity
Profile| Send Message|
( followers)  

The following IPOs are expected to price this week:

Ameresco (NYSE:AMRC), which designs and implements energy efficient projects for gov't and institutional clients, plans to raise $130 million by offering 8,696,820 at a price range of $14.00 to $16.00. At the mid-point of the proposed range, Ameresco will command a market value of $700.58 million. Ameresco, which was founded in 2000, booked $429 million in sales over the last 12 months. The Framingham, MA-based company plans to list on the NYSE under the symbol AMRC. BofA Merrill Lynch are the lead underwriters on the deal.

Camelot Information Systems (NYSE:CIS), a a leading provider of ERP and financial industry IT services in China, plans to raise $160 million by offering 13,333,330 at a price range of $11.00 to $13.00. At the mid-point of the proposed range, Camelot Information Systems will command a market value of $544.81 million. Camelot Information Systems, which was founded in 1994, booked $133 million in sales over the last 12 months. The Beijing ,China-based company plans to list on the NYSE under the symbol CIS. Goldman Sachs (Asia) L.L.C., Barclays Capital are the lead underwriters on the deal.

Green Dot Corporation (NYSE:GDOT), which is leading provider of reloadable prepaid debit cards in the US, plans to raise $129 million by offering 3,850,000 at a price range of $32.00 to $35.00. At the mid-point of the proposed range, Green Dot Corporation will command a market value of $1,528.93 million. Green Dot Corporation, which was founded in 1999, booked $267 million in sales over the last 12 months. The Monrovia, CA-based company plans to list on the NYSE under the symbol GDOT. J.P. Morgan, Morgan Stanley are the lead underwriters on the deal.

SurgiVision (SRGV), which has developed an MRI-guided device for in minimally invasive brain procedures, plans to raise $35 million by offering 2,500,000 at a price range of $13.00 to $15.00. At the mid-point of the proposed range, SurgiVision will command a market value of $141.81 million. SurgiVision, which was founded in 1998, booked $3 million in sales over the last 12 months. The Memphis, TN-based company plans to list on the NASDAQ under the symbol SRGV. Canaccord Genuity, Rodman & Renshaw are the lead underwriters on the deal.

Last week, there were 4 IPO pricings. Qlik Technologies (NASDAQ:QLIK), which provides easy-to-use business intelligence software to 14,000 enterprises, was the week's winner, ending up 28% from its IPO price.

Source: 4 IPOs on Tap for This Week