Company is involved in a number of legal proceedings amounting to Rs 1,163.81 Lacs against its promoter/directors and company, which, if determined against them, could adversely affect its business and financial condition. http://myinvestmentideas.com/2014/12/ncml-industries-ipo-should-we-subscribe/ Complete risk factors can be read from “Risk Factors” section of the IPO prospectus from page no. 13 onwards.