NetSuite Inc., San Mateo, CA, an on-demand business-management software provider focused on small- and medium-sized companies, is moving closer to its initial public offering.   ; According to various news reports, the company expects the IPO to total 6.2 million shares of common stock priced between $13 and $16 each. Based on this, NetSuite's market capitalization would be between $773.6 million and $952.2 million, according to the AP. The company expects to raise net proceeds of nearly $90 million from the IPO.   ; The proceeds will be used to pay a balance on the company's secured line of credit, but also may be used to make acquisitions.   ; NetSuite's controlling shareholder is Take Ventures LLC, controlled by Oracle CEO Larry Ellison. Ellison will continue to own about 66% of common stock after the IPO.   ; NetSuite recorded a loss of $20.6 million in the first nine months of the year; it grew sales from $47 million to $76.8 million, according to the AP article.   ; NetSuite shares will be listed on the New York Stock Exchange under the symbol N.