Largest IPOs (Last 12 months)
  Company Name Underwriter Date Offer Price Current Price Return Deal Size*
1 Visa (V) J.P. Morgan 3/18/08 $44.00 $71.76 63.1 % $17,864.0
2 American Water Works (AWK) Goldman Sachs 4/22/08 $21.50 $20.97 -2.5 % $1,247.0
3 Och-Ziff Capital Management (OZM) Goldman Sachs 11/13/07 $32.00 $16.50 -48.4 % $1,152.0
4 Intrepid Potash (IPI) Goldman Sachs 4/21/08 $32.00 $38.79 21.2 % $960.0
5 Liberty Acquisition Holdings (LIA-U) Citi 12/6/07 $10.00 $9.90 -1.0 % $900.0
6 Giant Interactive Group (GA) Merrill Lynch 10/31/07 $15.50 $8.28 -46.6 % $886.6
7 Trian Acquisition I Corp. (TUX-U) Deutsche Bank 1/24/08 $10.00 $9.88 -1.2 % $800.0
8 Sapphire Industrials Corp (FYR-U) Citi 1/18/08 $10.00 $9.80 -2.0 % $800.0
9 SandRidge Energy (SD) Lehman Brothers 11/5/07 $26.00 $29.51 13.5 % $746.2
10 EnergySolutions (ES) Credit Suisse 11/14/07 $23.00 $16.74 -27.2 % $690.0
11 DuPont Fabros Technology (DFT) Lehman Brothers 10/18/07 $21.00 $17.54 -16.5 % $640.5
12 El Paso Pipeline Partners (EPB) Lehman Brothers 11/15/07 $20.00 $18.34 -8.3 % $500.0
13 Chimera Investment (CIM) Merrill Lynch 11/15/07 $15.00 $6.68 -55.5 % $500.0
14 GT Solar International (SOLR) Credit Suisse 7/23/08 $16.50 $10.90 -33.9 % $500.0
15 Triplecrown Acquisition (TCW-U) Citi 10/22/07 $10.00 $9.66 -3.4 % $480.0
16 Hicks Acquisition Company I (TOH-U) Citi 9/28/07 $10.00 $9.70 -3.0 % $480.0
17 United Refining Energy Corp. (URX-U) Deutsche Bank 12/12/07 $10.00 $9.90 -1.0 % $450.0
18 Babcock & Brown Air LTD (FLY) Morgan Stanley 9/26/07 $23.00 $11.81 -48.7 % $430.0
19 Virgin Mobile USA (VM) Lehman Brothers 10/10/07 $15.00 $2.66 -82.3 % $412.5
20 GHL Acquisition Corp. (GHQ-U) Banc of America 2/14/08 $10.00 $9.85 -1.5 % $400.0
21 Heckmann Corporation (HEK-U) Credit Suisse 11/13/07 $8.00 $14.38 79.8 % $400.0
22 SP Acquisition Holdings (DSP-U) UBS Investment Bank 10/11/07 $10.00 $9.77 -2.3 % $400.0
23 CVR Energy (CVI) Goldman Sachs 10/22/07 $19.00 $13.84 -27.2 % $380.0
24 NRDC Acquisition (NAQ-U) Banc of America 10/18/07 $10.00 $9.70 -3.0 % $360.0
25 BPW Acquisition Corp. (BPW-U) Citi 2/26/08 $10.00 $9.78 -2.2 % $350.0
* Table lists the largest IPOs over the past 12 months based on total offering amount or "deal size". Deal size (listed in $ millions) is calculated by multiplying the offering price by the total number of shares offered to the public. Source: Renaissance Capital and IPOHome.com