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Slideshow: After a Lull, Are IPOs Back on Track?

After a rough patch, IPOs are back on track. The last quarter offered up fewer IPOs than any in recent memory, and October’s trajectory was only met with crushing losses to kick off the month. In fact, it is still too early to tell whether all of our IPO candidates will actually succeed in going public.

Here’s the next crop of venture capital and PE-backed companies to hit public exchanges—and, the pace of energy companies pursuing an IPO is starting to better reflect the industry’s appetite for M&A in 2011.


[slide title=”Glori Energy”]

IPO Amount: The Texas-based energy company will try to raise $115 million

Underwriters: Credit Suisse, UBS Securities, Piper Jaffray

Backers: Energy Technology Ventures

[slide title=” Cempra Holdings”]

IPO Amount: The North Carolina-based medicine developer is seeking to raise about $86 million via its IPO

Underwriters: Stifel Nicolaus Weisel, Leerink Swann LLC and Cowen & Company are joint bookrunners and Needham & Company is co-manager

Backers: Quaker BioVentures, Devon Park BioVentures, Aisling Capital, InterSouth Partners, Teachers’ Private Capital

[slide title=”ChemoCentryx”]

IPO Amount: ChemoCentryx, the California drug developer, is looking to raise about $69 million in its IPO

Underwriters: JP Morgan & Citi

Backers: HBM BioVentures, Alta Partners, Gimv, Orbimed Health Advisors, HealthCap, Jennison Associates, Glaxo Group

[slide title=”Zhaopin Ltd.”]

IPO Amount: Zhaopin, the Chinese online job marketplace, aims to raise about $100 million

Underwriters: Credit Suisse, Deutsche Bank Securities Corp., Macquarie Capital Partners LLC

Backers: $100M+ debt funding

[slide title=”eHi Car Service Co. “]

IPO Amount: The Chinese car rental service is looking to bag $150 on public markets

Underwriters: Barclays Bank PLC, Deutsche Bank Securities Corp., Goldman Sachs

Backers: Already, eHi has gotten some serious eCapital: backers include Ignition Partners, CDH Investments, Jafco Asia and Qiming Weichuang Venture Capital Management.

[slide title=”Armstrong Energy”]

IPO Amount: The Roswell, New Mexico-based energy company aims to raise $69 million; affiliated Armstrong Resource Partners is also trying to raise $22 million in a separate offering

Underwriters: FBR Capital Markets Corp., Raymond James & Associates

Backers: Private equity firm Yorktown Partners is backing Armstrong Energy

[slide title=”Lashou Group”]

IPO Amount: China’s biggest competitor to Groupon aims to raise $100 million on Nasdaq.

Underwriters: China International Capital Corp., Jefferies & Co., Barclays Capital

Backers: Milestone Partners, Norwest Venture Partners, GSR Ventures Management, Tenaya Capital, Rebate Networks, Taishan Invest

[slide title=”Isola Group”]

IPO Amount: Isola Group is filing for a $100 million IPO on Nasdaq; the company, incorporated in the Cayman Islands, makes printed circuit boards

Underwriters: UBS Investment Bank, Piper Jaffray

Backers: The company’s backers include TPG Capital, Oaktree Capital, and the Blackstone Group