The government has received bids for 7% stake in the country\u2019s largest power producer NTPC, which will fetch about Rs 9,100 crore to the exchequer. At the end of the two-day offer for sale (OFS) on Wednesday, the government retained over-subscription it had received from institutional investors after retail investors bid for only 73% of the quota allocated for them. The retail portion of the offer for sale was 72% subscribed that amounted to Rs 1,340 crore a senior finance ministry official said. The government held a 69.74% stake in NTPC as of June 30, data from stock exchanges showed. The government had planned to sell over 41.22 crore shares, or 5% holding, through the two-day OFS, with an option to retain a similar portion in case of over-subscription. The floor price for the shares is Rs 168 and the total number of shares on sale is 41.22 crore or 5% holding with an option to retain a similar portion in case of over-subscription. The stock ended Wednesday\u2019s session 0.3% lower at Rs 168 on BSE. On an opening day on Tuesday, the OFS was subscribed by 1.41 times by non-retail investors on Tuesday, the first day of the offer. Investors bid for 46.35 crore shares against 32.98 crore shares on offer,\u00a0according to stock exchange data. A total of 5.8 lakh shares was traded on the two main exchanges \u2014 Bombay Stock Exchange and National Stock Exchange \u2014 and the volume was 1.18 times higher than average daily volumes in six months. As of June 2017, the government holds 69.74% stake in the company. In 2017 so far, the stock appreciated by 2.31% against Sensex\u2019s gain of 17.88%. NTPC is engaged in the generation and sale of electricity. The government hopes to raise Rs 72,500 crore in FY18 through a combination of minority stake sales, strategic disinvestments and through the listing of state-owned insurance companies.