Brazilian technology services provider Tivit and stockholders filed on Wednesday to sell up to 785 million reais ($430 million) in an initial public offering, the company's third attempt to go public.

Tivit, which provides technology consulting to industries including telecommunications and finance, had to scrap one IPO effort in 2007 and a second in 2008 after the financial crisis cut investor interest in emerging market equity offerings.

Sao Paulo-based Tivit and shareholders plan to sell 38.3 million shares, equivalent to a 43.04 percent stake in the company, at a price range of 16.5 reais to 20.5 reais each, Tivit said in a statement published in Valor Economico newspaper.

The offering might rise to 903 million reais, if underwriters exercise their option to sell additional shares to meet demand. Tivit said it will price the offering on Sept. 24 and expects its shares to begin trading at the Sao Paulo stock exchange under the TVIT3.SA ticker on Sept. 28.

Brazilian companies have sold 20.5 billion reais of shares so far in 2009. Most of the sales have occurred since late June when expectations of a rebound in global growth stoked appetite for riskier investments in emerging-market stocks.

Shareholders selling their stake in the offering include Brazilian conglomerate Votorantim, which indirectly holds a 71.7 percent stake in Tivit through Tivit Tecnologia and Lit Tele LLC, a Delaware, U.S.-based fund.

Brazilian private equity firm Patria Investimentos holds a 12.4 percent stake in Tivit, while Luiz Roberto Novaes Mattar and Eraldo Dante de Paola jointly own 14.61 percent.

($1= 1.827 reais)

 (Reporting by Elzio Barreto and Guillermo Parra-Bernal, editing by Dave Zimmerman)