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The draw of IPO lottery of Mobil Jamuna Lubricants (MJL) will be held on January 31 at the Banghabandhu International Conference Centre, officials said.

The officials said the IPO (initial public offering) lottery draw will start at 10:00 am as per regulator's consent. Fresh schedules of distribution of refund warrants will be announced in time.

The offer price of the MJL's share is Tk 152 and the company has collected about Tk 25 billion against its IPO worth Tk 6.1 billion.

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