The shares will be priced between $1.10 and $1.50 with the actual price determined on 24 June.
Hirepool plans to raise up to $262 million from selling both new and existing shares in its upcoming float.
The equipment hire company wants to sell up to 120.1 million new shares to raise $135 million, and existing shareholders plan to sell up to 83.5 million shares.
The shares will be priced between $1.10 and $1.50 with the actual price determined on 24 June through an auction process with institutional investors.
Private equity firm Next Capital will continue to own at least 20 percent of Hirepool after the share sale.
