The government's 10 per cent share sale in Engineers India Ltd. through the follow-on-public offer route received lukewarm response on the first day of issue on Thursday. The issue received bids for about 6.3 lakh shares, accounting for 0.02 per cent of the over 3.36 crore shares on offer till 4 pm, today. Shares are being offered at a price band of 145 to 150 rupees a piece. The issue will remain open till February 10. The stake sale could fetch teh government around 500 crore rupees at the upper end of the price band. Shares of EIL closed with a gain of 1.6 per cent.EIL said a discount of 6 rupees a share will be offered to retail investors and employees. The government plans to reserve 5 per cent of the offer for employees.