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 $70.08 59.3 % $17,864.0
2 American Water Works (AWK) Goldman Sachs 4/22/08 $21.50 $18.87 -12.2 % $1,247.0
3 Och-Ziff Capital Management (OZM) Goldman Sachs 11/13/07 $32.00 $16.18 -49.4 % $1,152.0
4 Cosan Limited (CZZ) Credit Suisse 8/15/07 $10.50 $13.27 26.4 % $1,050.0
5 Intrepid Potash (IPI) Goldman Sachs 4/21/08 $32.00 $51.52 61.0 % $960.0
6 VMware (VMW) Citi 8/13/07 $29.00 $34.75 19.8 % $957.0
7 Liberty Acquisition Holdings (LIA) Citi 12/6/07 $10.00 $9.15 -8.5 % $900.0
8 Giant Interactive Group (GA) Merrill Lynch 10/31/07 $15.50 $10.45 -32.6 % $886.6
9 Trian Acquisition I Corp. (TUX) Deutsche Bank 1/24/08 $10.00 $9.28 -7.2 % $800.0
10 Sapphire Industrials Corp (FYR) Citi 1/18/08 $10.00 $9.33 -6.7 % $800.0
11 SandRidge Energy (SD) Lehman Brothers 11/5/07 $26.00 $47.26 81.8 % $746.2
12 EnergySolutions (ES) Credit Suisse 11/14/07 $23.00 $19.85 -13.7 % $690.0
13 DuPont Fabros Technology (DFT) Lehman Brothers 10/18/07 $21.00 $16.79 -20.0 % $640.5
14 El Paso Pipeline Partners (EPB) Lehman Brothers 11/15/07 $20.00 $18.58 -7.1 % $500.0
15 Chimera Investment (CIM) Merrill Lynch 11/15/07 $15.00 $8.01 -46.6 % $500.0
16 GT Solar International (SOLR) Credit Suisse 7/23/08 $16.50 $14.59 -11.6 % $500.0
17 Genpact Limited (G) Morgan Stanley 8/1/07 $14.00 $13.06 -6.7 % $494.1
18 Triplecrown Acquisition (TCW) Citi 10/22/07 $10.00 $9.22 -7.8 % $480.0
19 Hicks Acquisition Company I (TOH) Citi 9/28/07 $10.00 $9.29 -7.1 % $480.0
20 United Refining Energy Corp. (URX) Deutsche Bank 12/12/07 $10.00 $9.37 -6.3 % $450.0
21 Babcock & Brown Air LTD (FLY) Morgan Stanley 9/26/07 $23.00 $13.05 -43.3 % $430.0
22 Virgin Mobile USA (VM) Lehman Brothers 10/10/07 $15.00 $2.61 -82.6 % $412.5
23 GHL Acquisition Corp. (GHQ.U) Banc of America 2/14/08 $10.00 $9.75 -2.5 % $400.0
24 Heckmann Corporation (HEK) Credit Suisse 11/13/07 $8.00 $8.90 11.3 % $400.0
25 SP Acquisition Holdings (DSP) UBS Investment Bank 10/11/07 $10.00 $9.35 -6.5 % $400.0
* 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