ASG Eye Hospital Appoints Bankers for Planned Rs 3,000-4,000 Crore IPO

ASG Hospital Private Limited, a leading Indian eye care chain backed by private equity firms General Atlantic and Kedaara Capital, has appointed Morgan Stanley, Axis Capital, HSBC, Nomura, and Motilal Oswal as lead bankers for its planned IPO targeting Rs 3,000-4,000 crore (around USD 500-600 million) in FY27. Valued at about USD 3.4 billion, the company aims to expand its network to 500-700 centers by 2030 through organic growth and acquisitions, focusing on tier-II and tier-III cities to meet rising demand for eye care services.