ASG Hospital Said to Plan Filing for $500 Million IPO This Month

ASG Hospital Pvt., an Indian eye-care chain backed by General Atlantic, is planning to file for an initial public offering as early as this month that could raise up to $500 million, according to people familiar with the matter.

The company is considering selling roughly 15% of fresh equity in the offering, which is expected to also include stock sold by existing investors, the people said, asking not to be identified because the information is private.