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It expects the stock sale to raise up to $185 million.
Petrobras also hopes to sell shares to raise up to $25 billion in cash.
Swiss-based Glencore's IPO is expected to raise up to $11 billion.
Kenya has a debut sovereign bond in the works, aiming to raise up to $2 billion.
Infosys, a software-services company, is seeking approval to raise up to 100 times that amount.
Companies will be permitted to raise up to $1 million through mass, online solicitations via the Internet.
It is hoping to raise up to $100 million for research and development.
Tanzania had been hoping to raise up to $20 million from the sale.
He has said he hopes to raise up to $25 million for the campaign.
Cairn Homes meanwhile unveiled plans to raise up to €400m (£287m) from its float.
The next month, K.K.R. filed for its own initial offering, seeking to raise up to $1.25 billion.
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