Although the overall activity in the IPO markets is still looking for that great jump start, investors are still seeing an increase in quantity and performance. Analysts that track the 90 day returns of new IPO's are showing a 13% increase in returns (up from 5.6%). Although the S&P performance lately has aided in those returns, IPO's have certainly held their own.

This week we have three IPO's. The breakdown includes one electronics rental company, a bank, and a medical company that reverses vaginal laxity...Yep, that's what they do.

PSAV (PSAV  ) is looking to raise $250 million this week by offering 16 million shares at a range of $14-17. After a merger with the number two industry rival in 2012, PSAV was acquired by Goldman and Olympus Partners in 2014. It is the leading provider of audiovisual services for events held in luxury and upper upscale hotels in the US, securing long-term contracts with four of the five largest hotel chains. According to their filings, the company grew sales by 18% in fiscal 2015 to $1.5 billion. They currently hold over a 46% market share in their respective industry.

Paragon Commercial (PBNC  ) is seeking $25 million by offering 736,000 shares at a range of $33-35. This offering is smaller as it is currently listed on the over the counter market (PBNC  ). The bank operates three branches all in North Carolina. It does traditional community banking with $1 billion in loans and focuses on high net-worth individuals and businesses with annual revenues of $5 to $75 million.

Viveve Medical (VIVE  ) is also currently listed on the OTC market under symbol VIVMF. The company is only seeking to raise $13 million by offering 1.5 million shares at a price of $8. This medical device company has regulatory clearance to sell its systems, costing approximately $38,000 each, in 22 countries. Their systems offer the outpatient the ability to "reverse vaginal laxity". It plans to begin the approval process in the US this year.