A hundred and forty three initial public offerings have been priced so far this year as of July 27th, 2007:

- 80 IPOs are currently trading above initial offering price;
- 58 are trading below the offering price;
- and 5 are trading at their offer price.

Eight IPOs were priced during the week of July 23rd, 2007. There are six deals on deck for the next week, hoping to raise nearly $1.5 billion.

IPO PERFORMANCE

ADVANCERS:

Shares of Chinese company Perfect World (PWRD: chart) gained 30% in their first day of trading Thursday, after pricing above their expected range.

The company offered 11.8 million American Depositary Shares at $16 per share compared to the expected range of $12 to $14.

Morgan Stanley and Credit Suisse were the lead underwriters for the offering, supported by CIBC World Markets and Susquehanna Financial Group.

The underwriters have a 30-day option to purchase up to 1.8 million additional ADSs from certain shareholders of the company to cover over-allotments.

Perfect World is a leading developer and operator of online games in China. The company develops 3D massively multiplayer online role playing games (MMORPGs) and casual games based on its proprietary Angelica 3D game engine and game development platform.

The shares ended the week at $25.65, up 60% from the offering price.

Yoga apparel retailer Lululemon Athletica Inc. (LULU: chart) priced its initial public offering of 18.2 million shares of common stock at $18 per share, above the expected range of $10 to $12.

Of all the shares being offered, 2.3 million were sold by the company and 15.9 million by the selling stockholders. The company had adjusted the size several times in recent weeks.

Canada’s Lululemon raised $327.6 million from the offering.

Goldman Sachs and Merrill Lynch were the lead underwriters on the offering, supported by Credit Suisse, UBS Investment, William Blair, CIBC World, Wachovia Securities and Thomas Weisel.

The underwriters have the option to purchase up to 2.7 million additional shares from the selling stockholders.

The shares ended the week at $28, up 55% from the offering price.

BladeLogic, Inc. (BLOG: chart) priced its initial public offering of 5 million shares at $17.00 per share.

Of all the shares offered, 3.9 million shares were sold by the company and 1.06 million shares were sold by selling stockholders.

The underwriters have an option to purchase up to 750,000 additional shares to cover excess demand.

Morgan Stanley and Merrill Lynch, Pierce, Fenner & Smith acted as the lead managers, supported by Citigroup, Wachovia Capital and Cowen & Co.

BladeLogic is a provider of leading data center automation software.

The shares ended the week at $25.3, up 48% from the offering price.