The IPO markets have been on fire so far this year, and this week promises more of the same. If you love the IPO markets, then hold on tight, because another $1.8 billion in deals is headed your way.
The largest offering of the week is Texas-based IPSCO Tubulars (NASDAQ: IPSC). The company makes steel pipes for oil exploration companies in the U.S. and Canada. They are hoping to raise $500 million by offering 23 million shares at $20-$23.
Sticking with the same sector of the market, the next offering is Cactus (NYSE: WHD), which makes wellheads and pressure control systems for the oil and exploration space. The company has seen rapid growth and will be looking for $375 million to fuel continued expansion. Expect to see 21 million shares at a range of $16-$19.
Another company in the energy space is Quintana (NYSE: QES), a well services company for the on-shore exploration space. They are looking for $125 million, with shares pricing in the range of $12-$15.
If you like Burger King, then you might like TFI TAB Food (NASDAQ: TFIG). They own the rights to Burger King franchises in Turkey and China and are looking for $220 million this week. Pricing is set at $9 - $11 with an offering of 11 million shares.
Bioceres (NASDAQ: BIOX) is a smaller agrochecmical company that has made a niche market for themselves by offering seed productivity traits in Argentina. The company will be looking for $130 million by offering 11 million shares at a range of $10-$12.
Victory Capital (NASDAQ: VCTR) is yet another asset management firm looking to go public. The company currently has $62 billion under management and is aiming to raise $211 million. Expect 11 million shares at a range of $17-$19.
China-based Huami (NYSE: HMI) is coming to market looking for $110 million this week. They are a manufacturer of wearable smart devices. Pricing is expected to be at $10-$12.
The last two names of the week are the smallest. Cardlytics (NASAQ: CDLX) is an advertising company focused on the banking space and will attempt to raise $76 million. Motus GI (NASDAQ: MOTS) is a medical device company based in Israel hoping to raise $30 million. Shares are expected to price in the range of $6-$8.