According to draft papers, Bajaj Energy's initial public offer (IPO) comprises fresh issuance of shares aggregating up to Rs 5,150 crore and an offer for sale of scrips up to Rs 300 crore by Bajaj Power Ventures.
 
                                                                                            Bajaj Energy plans to raise Rs 5,450 crore through public issue which comprises a fresh issue of up to Rs 5,150 crore and offer for sale of Rs 300 crore by promoter Bajaj Power Ventures Private Limited.
 
                                                                                            Bajaj Hindusthan will seek shareholders' nod for sale of investment in two group firms related to power venture, Bajaj Energy and a subsidiary in Singapore.