BJ’s Wholesale Cooperate expects its initial public offering to be priced between $15 and $17 per serving, giving the warehouse club operator a market capitalization of up to $2.15 billion.
At the top end of that number, the offering of 37.5 million shares would raise $637.5 million.
The troop, which was taken private in 2011 for $2.8 billion, filed with regulators to go civil for the second time last month.
It owns 215 warehouse organizations, mainly on the U.S. east coast, and competes with Costco Wholesale and Walmart’s Sam’s Join forces.
Analysts had said that BJ’s debut in a competitive market was “sensible” as investors’ certitude in the retail sector had risen.
The company will list on the New York Heritage Exchange under the symbol “BJ.”