Largest IPOs (Last 12 months)
  Company Name Underwriter Date Offer Price Closing Price Return Deal Size* ($mil)
1 Banco Santander Brasil Santander Investment 10/06/09 $13.40 $12.42 -7.3% $4,024.9
2 Verisk Analytics BofA Merrill Lynch 10/06/09 $22.00 $28.20 28.2% $1,875.5
3 Shanda Games Limited Goldman Sachs (Asia) L.L.C. 09/24/09 $12.50 $6.75 -46.0% $1,043.8
4 Hyatt Hotels Goldman Sachs 11/04/09 $25.00 $34.05 36.2% $950.0
5 Talecris Biotherapeutics Morgan Stanley 09/30/09 $19.00 $21.26 11.9% $950.0
6 Cobalt International Ener Credit Suisse 12/15/09 $13.50 $13.25 -1.9% $850.5
7 Starwood Property Trust BofA Merrill Lynch 08/11/09 $20.00 $19.04 -4.8% $810.0
8 Dollar General Citi 11/12/09 $21.00 $25.13 19.7% $716.1
9 Artio Global Investors Goldman Sachs 09/23/09 $26.00 $23.87 -8.2% $650.0
10 Avago Technologies Deutsche Bank 08/05/09 $15.00 $19.65 31.0% $648.0
11 Sensata Technologies Morgan Stanley 03/10/10 $18.00 $18.14 0.8% $568.8
12 Cloud Peak Energy Credit Suisse 11/19/09 $15.00 $16.52 10.1% $459.0
13 Dole Food Company Goldman Sachs 10/22/09 $12.50 $12.09 -3.3% $446.4
14 A123 Systems Morgan Stanley 09/23/09 $13.50 $16.18 19.9% $380.4
15 Emdeon Morgan Stanley 08/11/09 $15.50 $16.50 6.5% $367.4
16 Symetra Financial BofA Merrill Lynch 01/21/10 $12.00 $12.93 7.8% $364.8
17 Education Management Goldman Sachs 10/01/09 $18.00 $22.91 27.3% $360.0
18 Pebblebrook Hotel Trust BofA Merrill Lynch 12/08/09 $20.00 $21.18 5.9% $350.0
19 RailAmerica J.P. Morgan 10/12/09 $15.00 $11.70 -22.0% $330.0
20 PennyMac Mortgage Investm Merrill Lynch 07/29/09 $20.00 $16.83 -15.9% $320.0
21 KAR Auction Services Goldman Sachs 12/10/09 $12.00 $14.20 18.3% $300.0
22 Select Medical Holdings Goldman Sachs 09/24/09 $10.00 $8.07 -19.3% $300.0
23 DigitalGlobe Morgan Stanley 05/13/09 $19.00 $25.00 31.6% $279.3
24 Crude Carriers UBS Investment Bank 03/11/10 $19.00 $18.55 -2.4% $256.5
25 Colony Financial BofA Merrill Lynch 09/23/09 $20.00 $19.85 -0.8% $250.0
* 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 RenaissanceCapital.com