9 IPOs Planned For This Week

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 |  Includes: ANGI, BSTM, CLVS, DDMGQ, DLPH, IMI, INVN, MFRM, MN
by: Renaissance Capital IPO Research

There are 9 IPOs are expected this week. If all price successfully, it will mark the busiest week since December 2010.

Angie's List (NASDAQ:ANGI), which operates a subscription-based website used to review local service providers, plans to raise $106 million by offering 8.8 million shares at a price range of $11 to $13. At the mid-point of the proposed range, Angie's List will command a market value of $677 million. Angie's List, which was founded in 1995, booked $79 million in sales over the last 12 months. The Indianapolis, IN-based company plans to list on the NASDAQ under the symbol ANGI. BofA Merrill Lynch (NYSE:BAC) is the lead underwriter on the deal.

Bluestem Brands (BSTM), a multi-brand catalog and e-commerce retailer targeting low income customers, plans to raise $150 million by offering 10 million shares at a price range of $14 to $16. At the mid-point of the proposed range, Bluestem Brands will command a market value of $573 million. Bluestem Brands, which was founded in 1948, booked $560 million in sales over the last 12 months. The Eden Prairie, MN-based company plans to list on the NASDAQ under the symbol BSTM. Piper Jaffray (NYSE:PJC) and Wells Fargo Securities (NYSE:WFC) are the lead underwriters on the deal.

Clovis Oncology, Inc. (NASDAQ:CLVS), a biotech formed by Pharmion executives to develop pancreas and lung cancer drugs, plans to raise $130 million by offering 9.3 million shares at a price range of $13 to $15. At the mid-point of the proposed range, Clovis Oncology will command a market value of $299 million. Clovis Oncology, which was founded in 2009, does not expect to generate revenues until 2014. The Boulder, CO-based company plans to list on the NASDAQ under the symbol CLVS. J.P. Morgan (NYSE:JPM) and Credit Suisse (NYSE:CS) are the lead underwriters on the deal.

Delphi Automotive PLC (NYSE:DLPH), a global auto supplier, formerly part of General Motors (NYSE:GM), plans to raise $554 million by offering 24 million shares at a price range of $22 to $24. At the mid-point of the proposed range, Delphi Automotive PLC will command a market value of $7.7 billion. Delphi Automotive PLC, which was founded in 1991, booked $15.8 billion in sales over the last 12 months. The Troy, MI-based company plans to list on the NYSE under the symbol DLPH. Goldman, Sachs & Co. (NYSE:GS), J.P. Morgan (JPM), and BofA Merrill Lynch are the lead underwriters on the deal.

Digital Domain Media Group (DDMG), which creates computer-generated animation and digital visual effects for studios and advertisers, plans to raise $61 million by offering 5.5 million shares at a price range of $10 to $12. At the mid-point of the proposed range, Digital Domain Media Group will command a market value of $483 million. Digital Domain Media Group, which was founded in 2009, booked $122 million in sales over the last 12 months. The Port St. Lucie, FL-based company plans to list on the NYSE under the symbol DDMG. Roth Capital and Morgan Joseph are the lead underwriters on the deal.

Intermolecular (NASDAQ:IMI), which accelerates the R&D process for semiconductor and clean-energy companies, plans to raise $130 million by offering 10 million shares at a price range of $12 to $14. At the mid-point of the proposed range, Intermolecular will command a market value of $637 million. Intermolecular, which was founded in 2004, booked $53 million in sales over the last 12 months. The San Jose, CA-based company plans to list on the NASDAQ under the symbol IMI. Morgan Stanley (NYSE:MS), J.P. Morgan, and Barclays Capital (NYSE:BCS) are the lead underwriters on the deal.

InvenSense (NYSE:INVN), which provides motion sensors used in consumer electronics, plans to raise $78 million by offering 10 million shares at a price range of $7 to $8.50. At the mid-point of the proposed range, InvenSense will command a market value of $675 million. InvenSense, which was founded in 2003, booked $130 million in sales over the last 12 months. The Sunnyvale, CA-based company plans to list on the NYSE under the symbol INVN. Goldman, Sachs & Co. and Morgan Stanley are the lead underwriters on the deal.

Manning & Napier (NYSE:MN), a independent investment management firm with $42 billion AUM, plans to raise $200 million by offering 12.5 million shares at a price range of $15 to $17. At the mid-point of the proposed range, Manning & Napier will command a market value of $1.4 billion. Manning & Napier, which was founded in 1970, booked $323 million in sales over the last 12 months. The Fairport, NY-based company plans to list on the NYSE under the symbol MN. BofA Merrill Lynch and J.P. Morgan are the lead underwriters on the deal.

Mattress Firm Holding (NASDAQ:MFRM), a specialty retailer of multi-brand mattresses with 811 stores in 25 states, plans to raise $100 million by offering 5.6 million shares at a price range of $17 to $19. At the mid-point of the proposed range, Mattress Firm Holding will command a market value of $599 million. Mattress Firm Holding, which was founded in 1986, booked $590 million in sales over the last 12 months. The Houston, TX-based company plans to list on the NASDAQ under the symbol MFRM. Barclays Capital, UBS Investment Bank (NYSE:UBS), and William Blair are the lead underwriters on the deal.

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

Last week, there were 5 IPO pricings. Imperva (NYSE:IMPV), which offers database, file and web application solutions to protect data in data centers, was the week's winner, ending up 47% from its IPO price.