Private equity firms currently hold about 85 percent of the company’s common stock, sister news service Reuters reported.
Goldman Sachs, JP Morgan, Credit Suisse and Morgan Stanley are the lead underwriters of the IPO, Philadelphia, Pennsylvania-based Aramark told the U.S. Securities and Exchange Commission in a preliminary prospectus earlier this month.
The company, which intends to list its common stock on the New York Stock Exchange, did not reveal how many shares it planned to sell or their expected price.
Net proceeds from the offering would be used to repay debt, the company said.
Aramark reported a net profit of $104 million on revenue of $13.5 billion in 2012.
The amount of money a company says it plans to raise in its first IPO filings is used to calculate registration fees. The final size of the IPO could be different.
Avik Das is a reporter for Reuters News in Bangalore