By Varinder Bansal

Sources tell CNBC-TV18 that Euro Multivision is likely to file a prospectus for an IPO next week, and is likely to raise Rs 100-125 crores.

We hear that Euro Multivision is likely to file DRHP next week and raise around Rs 100-145 crore by diluting 30% equity in the company. We had a word with the management but they denied to comment on any market speculation.

To point on the business of Euro Multivision; they are engaged in a business of CD-Rs and DVD-Rs and they are also foraying into solar energy and solar photovoltaic cells and will be having 40 mw of energy by December 2008.

One of the stocks that is  likely to be affected by this will be Webel SL Energy, which has around 10 mw of capacity and they are likely to expand to 42 mw by April 2008. Some other peers, which are like to positively affect are Moser Baer and XL Telecom .

So just keep an eye on some of these stocks Webel SL Energy , Moser Baer, XL Telecom, which are likely to be affected.

To mention once again that Euro Ceramics has no equity in the holding. So this company is not likely to be affected in this case if they file DRHP next week.