This Week's 14 Upcoming IPOs Led by Citizens Financial Stock (NYSE: CFG)

upcoming ipos

There are 14 upcoming IPOs this week, an indication that companies have been waiting until after the highly anticipated debut of Alibaba Group Holding Ltd. (NYSE: BABA) stock to hold their IPOs.

The Alibaba IPO from last week was the largest initial public offering in history, raising $25 billion after the company's underwriters exercised an option to increase the IPO by 15%. Alibaba had initially raised $21.8 billion before the "greenshoe" option was applied.

upcoming IPOsThe Citizens Financial IPO is the largest deal this week, as the banking company looks to raise $3.4 billion. At that price, the Citizens IPO will also be the second-largest initial public offering of 2014, ahead of the $2.88 billion IPO of Synchrony Financial (NYSE: SYF) from July.

But that's not the only big IPO this week. Four other initial public offerings this week are all looking to raise at least $450 million. All 14 IPOs this week are expected to raise a combined $7 billion.

Here are this week's 14 upcoming IPOs, and the details behind each deal...

This Week's 14 upcoming IPOs

Citizens Financial Group (NYSE: CFG) is looking to hold the second-largest IPO of 2014. CFG plans to raise $3.4 billion by offering 140 million shares at a $23 to $25 price range. Citizens Financial is the U.S. banking arm of the Royal Bank of Scotland Group (NYSE: RBS) and has 1,230 branches mostly in the Northeast and Midwest. In the last year, CFG had revenue of $5 billion and the company is expected to have a market valuation of $13.4 billion at the time of the IPO. CFG stock will begin trading on the New York Stock Exchange on Wednesday, Sept. 24.

Grupo Aval Acciones y Valores S.A. (Nasdaq: AVAL) is Colombia's biggest banking group, and has roughly $86 billion in assets. AVAL should be another billion-dollar IPO this week, as the company plans to raise $1.1 billion by offering 73.5 million shares for $14.96 each. Last year, AVAL had $5.4 billion in sales. After the IPO, analysts project a market cap of roughly $15 billion. Currently, AVAL trades on the Colombia Stock Exchange under the ticker PFAVAL. It will make its debut on the Nasdaq on Wednesday, Sept. 24.

Vantage Energy (NYSE: VEI) is an oil and gas company that operates in the Marcellus Shale formation in the Northeast and the Barnett Shale formation in Texas. VEI is looking to raise roughly $601 million by offering 23.6 million shares at a range of $24 to $27. Following the IPO, VEI is expected to have a market cap of $1.9 billion. Last year, the company reported revenue of $48 million. VEI stock will begin trading on the NYSE on Thursday, Sept. 25.

Money Morning Members: Continue reading for the rest of this week's upcoming IPOs...

Israel Chemicals Ltd. (NYSE: ICL) is producer of fertilizer and specialty chemicals, and is a spin-off of Israel Corp. Through its U.S. IPO, Israel Chemicals is looking to raise $459 million by selling 62 million shares for $7.41 - the stock's current price on the Tel Aviv Stock Exchange. In the last year, ICL had revenue of $6 billion, and the company is expecting to have a market cap of $10 billion. ICL stock has not set a specific date for its IPO, but according to Renaissance Financial, the IPO could take place sometime this week.

Travelport Worldwide (NYSE: TVPT) operates a travel commerce platform that provides distribution, technology, payment, and other solutions to the travel and tourism industry. Through the IPO, TVPT is planning to raise $450 million by selling 30 million shares at a $14 to $16 range. After the deal, TVPT should have a market valuation of $1.8 billion. In the last 12 months, TVPT had revenue of $2.1 billion. TVPT stock will make its debut on the NYSE on Thursday, Sept. 25.

CONE Midstream Partners LP (NYSE: CNNX) plans to raise $350 million by offering 17.5 million shares at a $19 to $21 range. CNNX stock will begin trading on the NYSE on Thursday, Sept. 25.

Smart & Final Stores (NYSE: SFS) is looking to raise $175 million by selling 13.5 million shares at a range of $12 to $14. SFS will make its debut on the NYSE on Wednesday, Sept. 24.

Medley Management (NYSE: MDLY) plans to raise $126 million by offering 6 million shares at a $20 to $22 range. MDLY will begin trading on the NYSE on Wednesday, Sept. 24.

Civitas Therapeutics (Nasdaq: CVTS) is looking to raise $75 million by selling 5 million shares at a range of $14 to $16. CVTS will make its debut on the Nasdaq on Thursday, Sept. 25.

CyberArk Software (Nasdaq: CYBR) wants to raise $75 million by issuing 5.4 million shares at a $13 to $15 range. CYBR will hit the market on Wednesday, Sept. 24.

DT Asia Investments (Nasdaq: CADTU) is looking to raise $60 million by selling 6 million shares at $10 each. CADTU stock will hit the market on Wednesday, Sept. 24.

Vitae Pharmaceuticals (Nasdaq: VTAE) plans to raise $60 million by selling 5 million shares at an $11 to $13 range. VTAE will make its debut on the Nasdaq on Wednesday, Sept. 24.

Viking Therapeutics (Nasdaq: VKTX) plans to raise $55 million through its IPO by selling 5 million shares at a $10 to $12 range. VKTX has not specified an IPO date, but is expected to begin trading this week.

rEVO Biologics (Nasdaq: RBIO) is the smallest IPO of the week, as it plans to raise $50 million by selling 3.6 million shares at a $13 to $15 range. RBIO has not set a date for its IPO, but is expected to begin trading this week.

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