IPOs: Hot for ethanol
Ethanol producer Aventine Renewable set to hit market during busy week for firms going public.
NEW YORK (CNNMoney.com) - Ethanol producer Aventine Renewable Energy headlines this week's initial public offerings.
The offering comes on the heels of No. 2 ethanol producer VeraSun Energy's (Charts) red-hot IPO, which priced above expectations and surged 30 percent when it made its market debut earlier this month.
Aventine Renewable Energy, a producer and marketer of the clean-burning alternative fuel, plans to sell 7.8 million shares at $37 to $41 a share. The company expects to list on the New York Stock Exchange under the symbol "AVR."
Here's a look at other IPOs on tap for this week:
Bidz.com, an online jewelry retailer, plans to sell 6.2 million shares at $8 to $10 a share. The company expects to list on the Nasdaq under the symbol "BIDZ."
GMarket anticipates selling 9.1 million shares at $13.25 to $15.25 a share. The Seoul-based company operates an online marketplace in Korea and expects to list on the Nasdaq under the ticker "GMKT."
Gordon Biersch Brewery Restaurant Group intends to sell 4.5 million shares at a range of $11 to $13 a share. The company, which operates upscale brewery restaurants that feature their own crafted beers, plans to list under the ticker "BIER" on the Nasdaq.
J. Crew plans to sell 18.8 million shares at an estimated range of $15 to $17 a share. The specialty retailer, known for its preppy apparel, intends to list on the Big Board under the symbol "JCG."
Omniture provides software to online businesses that helps them measure and analyze their Web traffic. The company plans to sell 10.7 million shares at an estimated range of $7.50 to $9 a share. It expects to list on the Nasdaq under the symbol "OMTR."
PGT makes windows and doors designed to provide protection from hurricanes and other storms. The firm intends to sell about 8.8 million shares at $16 to $18 a share and list on the Nasdaq under the ticker "PGTI."
Replidyne, a biopharmaceutical firm, will sell an estimated 5 million shares for about $14 to $16 a share. The company, which makes treatments used to treat infections, plans to list on the Nasdaq under "RDYN."
Wintegra expects to sell 5 million shares at $12 to $14 a share. The semiconductor firm, which makes chips used in networking equipment, plans to list on the Nasdaq under the ticker "WNTG."
Related: Sorting through the ethanol hype
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