Levi Strauss & Co.'s IPO subscribers are being advised to place their orders above the publicly disclosed price range ahead of the public listing, Bloomberg News reported March 19, citing a person familiar with the matter.

The U.S. jeans maker earlier priced its offering at $14 to $16 per share, hoping to raise as much as $586.67 million.

Bloomberg said a spokesperson for Levi Strauss declined to comment on the matter.

The company is set to go public March 20.