**Gurung Group**/Bhatbhateni Group
1. Min Bahadur
**Trading**
Bhat Bhateni Pvt Ltd (Supermarket)
**Money and Capital Market**

**Energy**
Mistri Khola Hydropower Project (Myagdi, 42 MW)
**Leisure**

**Kakshapati Group**/Nanglo Group
1. Shyam, Gopal
**Leisure**

Riverside Springs Resorts, Kurintar

Nanglo Bakery

Bakery Cafe

**Saakha Group**
1. Ganesh Bhakta
2. Kiran Bhakta, Tej, Vishwo, Jyoti
3. Prabal, Aastha
**Technology**
Hamrobazar
**Trading**
Saakha Gems
Saakha and Company Pvt. Ltd.
Saakha Universal Automobiles Pvt. Ltd.
Eco Auto
Craft House Pvt. Ltd.
Pranusha Fashion
**Money and Capital Market**
Goodwill Finance Ltd.
Bhrikuti Multipurpose Cooperative Ltd.
**Manufacturing**
Nepal Paints Pvt. Ltd.
Chemidrug Industries
Saakha Metal Industries
Unisha Polychem Industries Pvt. Ltd.
Saakha Steel Industries Pvt. Ltd.
**Agrawal Group**/MS Group
1. Maligram
2. Shiv Kumar, Shashi Kant
**Agriculture**
Pashupati Farms Pvt. Ltd.
**Real Estate**
Oriental Construction & Development Co.
**Leisure**
Hotel Fairfield (JV with Marriott)
Everest Hospitality & Hotel
**Manufacturing**

Bhagwati Steel Industries Pvt.Ltd.

Bhagwati Spinning Mills Pvt. Ltd.

Everest Sugar & Chemical Industries Pvt. Ltd.

Bhagwati Carbide Industries Pvt. Ltd.

Bhagwati Soap Industries Pvt. Ltd.

Bhagwati Confectioneries Pvt. Ltd.

Dhanalaxmi Synthetic Ltd.

Koshi Plastic Udhyog Pvt. Ltd.
Reliance Spinning Mills Pvt. Ltd.

**Trading**
SKF Dealership (Swedish Bearing and Seal Manufacturing)
**Kedia Group**
1. Shri Ram Kumar, Sundarmal
2. Mahabir Prasad, Brij Lal
3. Shanker Lal, Hira Lal, Tara Chand
4. Manoj Kumar, Biswanath, Dinanath, Madan Lal, Ramavtar, Ramesh, Ratan Lal, Suresh, Sunil, Rajesh, Pradeep, Anil, Bimal, Sandeep, Sanjay, Manoj, Sumit, Aditya, Mohit, Saurabh, Sudhanshu, Mayank, Nikunj, Sharad, Ankit, Shubham
**Real Estate**
Greeenwood Villa
**Education**
DAV SKBV Higer Secondary School
**Manufacturing**
Birgunj Khadya Udhyog Pvt. Ltd.
Indushankar Chini Udhyog Ltd.
Mahabir/Ram Dal Udhyod
Brij Cement Industries Pvt. Ltd.
Argakhanchi Cement Industries Pvt. Ltd.
Amarawati Madyasala Pvt. Ltd.
Sitaram Gokul Milk Ltd.
Sunrise Fruit Products
Sundar Wire and Nails
Shree Steel
Terai Steels Pvt. Ltd.
Sushil Vanaspati Pvt. Ltd.
Yeti Fabrics Ltd.
PVC Carpet Factory
Sundar Furnitures
**Trading**
Sumit Impex
Kanak New Traders
Nepal Multinational Pvt. Ltd.
Eshita Trading Pvt. Ltd.
Yagya Shree Pvt. Ltd.
Sauryn Exim Pvt. Ltd.
Infotech Solution Pvt. Ltd.
Nepal Sagarmatha Traders
Diamong Agro International
Rohit International Pvt. Ltd.
Sanjay Trade Link Pvt. Ltd.
Kedia International Pvt. Ltd.
**Money and Capital Market**
Siddhartha Bank Ltd.
Siddhartha Insurance Ltd.

**Shrestha Group**/Nepal Enterprises Group/NE Group
1. Indra Bhakta
2. Ravi Bhakta, Kishor Bhakta
3. Rabindra Bhakta
**Trading**
Agricon Trade Concern
Nepal Kirana Center
Shree Enterprises Pvt. Ltd.
Greenline Enterprises
Northern Enterprises
Nepal Kirana Center
**Representation**
North Link Holdings Pvt. Ltd.
**Manufacturing**

National Ice Cream Industries (JV with Nanglo Group)

National Soap Industries Pvt. Ltd.

National Herbal & Pharmaceutical Industries Pvt. Ltd.

Steel Industries

Unilever Nepal (JV with Sibkrim Land & Industrial Co)

Nepal Synthetic Industries Pvt. Ltd.
**Real Estate and Complex**
IJ Plaza Office Building
**Leisure**
Soaltee Hotel ((JV with Sibkrim Land & Industrial Co))
Milan Travel & Tours Pvt. Ltd.



**Money and Capital Market**
Sibkrim Land and Industrial Pvt. Ltd.
Prestellar Ventures
National Investment Co. Ltd.
National Investment & Capital Market
United Insurance Co Ltd.

**Energy**
Power Development Nepal Pvt. Ltd.
**Health**
Super Religare Reference Labs Pvt. Ltd.(JV with Super Religare India)
Life Care Services Pvt. Ltd.
**Chaudhary Group**
1. Bhuramull
2. Lunkarandas
3. Binod, Basanta, Arun
4. Nirvana, Varun, Rahul, Megha Shakya, Karan
**Arun Chaudhary**
**Education**
Chandbagh School, Bansbari
**Trading**
CG Mart
**Manufacturing**
Kusum Oil Industries Pvt. Ltd.
Nepal Lube Oil Ltd. (Gulf Lubricant)
Nepal Lube Gas Ltd.
**Automobile**
CG Motocorp
**Leisure**
Tigerland Safari Resort, Chitawan
Hotel Inn Brand Nepal


**Binod Chaudhary**
**Trading**
CG Electronics Pvt Ltd (Electronics)
CG Impex Pvt Ltd (Mobile Appliances)
Impact International CG World Remits Pvt. Ltd. (Medical, Engineering)
**Manufacturing**
CG Cement Industries Pvt. Ltd.
CG Brewery Nepal Pvt. Ltd. (Nepal Ice, Real Gold, Mustang)
CG Seeds and Fertilizers Pvt. Ltd.
CG Dairy and Livestock Pvt. Ltd.
**Money and Capital Market**
Nabil Bank Ltd.
Nabil Investment Ltd.
United Finance Ltd.
United Insurance Company Ltd.
CG Finco Ltd.
**Leisure**



Meghauli Hotel, Chitawan
Alila Hotel and Resorts (India, Indonesia, Oman, China, Singapore)
Fern Residency (India, Nepal)
CHC Bungalows (Sri Lanka)
Taj Hotels (JV with Taj Group)
Tourmasters and Beyond (JV with Beyond)
Summit Hotel, Kupondole
The Zinc (India, Rwanda, Bhutan, Nepal, China, Sri Lanka) (JV with JW Hotel)
**Education**

Campion, Lagankhel
Delhi Public School, Birgunj

**Basanta Chaudhary**
**Infrastructure**
Gabionet Environmental Solution
**Education**
Norvic Institute of Nursing Education, Kapan
Norvic Business College, Lalupate Marg

**Health**
Norvic Hospital, Thapathali
Midas Day Spa, Durbarmarg
**Manufacturing**
Chaudhary BioSys
CGNS Seeds Pvt. Ltd.
CG Planet Herb Pvt. Ltd.
Hetauda Diary Industries
Mahalaxmi Maida Mills Pvt. Ltd.
Instant Meal Pvt. Ltd.
Shree Pashupari Biscuit Industries
Pashupati Diet and Foods
Flexible Packaging Pvt. Ltd.
**Parajuli Group**/MuktiShree Group/Sumargi Group
1. Lt. Madhav Raj,
2. Ajaya Raj, Arun Raj, Ashmita, Ankita, Anita Subedi
**Leisure**
Muktishree Hospitality Pvt. Ltd
**Media**
Radio Thaha Sanchar
Bindabasini Media Pvt. Ltd.
**Manufacturing**
Everest Minerals Products
Hetauda Lime Industries
Himalaya Spring Water
Inco Panel Industries Pvt. Ltd.
Muktishree Cement Industries
**Other**
Durga Cold Store
Nepal Infra Super Store Pvt. Ltd.
**Religion & Astrology**
Yodha
**Energy**
Muktishree Energy Pvt. Ltd. (Natural Gas and Hydro, Ankhu Khola Hydro Limited)
**Construction & Real Estate**
Muktishree Tower
Krishna Tower
**Money and Capital Market**
Green Multi Investment Pvt. Ltd.

**Education**
Hetauda Residential School
Hetauda Education Foundation
National College for Higher Education
Madhav Raj Sumargi Smiriti Kosh
**Technology**
Muktishree Telecom Pvt. Ltd.
Nepal Satellite Telecom (Hello Nepal)
Muktishree IT Pvt. Ltd.
Ncell Pvt. Ltd.
**Golyan Group**
1. Sohal Lal
2. Pawan, Basudev, Shakti, Latika
3. Anant, Akshay
**Manufacturing**


Dhanalaxmi Synthetic Ltd.

Shivam Plastic Industries

Tricot Industries

Himali Pasmina Udhyog
**Airlines**
Air Nepal International
**Energy**
Rukum Power Company
Tilicho Hydropower Company Limited
Tsho-Rolpa Power Company
Reliance Energy Pvt. Ltd.
**Real Estate**
City Properties
Westar Properties
**Trading**
Atlanta Trading Pvt. Ltd.
Westar Galaxy Trading
**Money and Capital Market**

NIC Asia Bank Limited

NMB Bank Limited

Bank of Kathmandu & Lumbini Limited

Prudential Insurance

Nepal Life Insurance
**Golcha Group**
1. Ram Lal
2. Hansraj, Hulas Chand
3. Lokmanya, Diwakar, Chandra Kumar, Rajkumar, Dinesh, Mahendra, Surendra, Shekhar, Sanjay
4. Hemant, Aakash, Hitesh, Baharat, Sharad, Ravi, Ekta, Komal
**Golcha Group**
**Agro-Based**
Hidesh Dal Udhyog
Dhiraj Chamal Udhyog
Sriram Sugar
Eastern Sugar
Raghupati Jute Mill

**Real Estate**
Shagrila Housing
**Others**
Hester Bio Sciences
**Money and Capital Markets**
Hulas Investments
**Trading**
Hansraj and Hulaschand & Co (Bajaj)
GO Automobiles Pvt. Ltd.
Him Electronics
**Manufacturing**
Hulas Steel and Wire Industries
Hulas Metal Crafts
Him Electronics
Bhudeo Food and Snacks Industries
Shangrila Distillery (Camino, Bonbay Sapphire, Grey Goose, Bacardi Black, Martini)
**RK Golcha Group**
2. Rajkumar
3. Ekta, Komal
**Leisure**
Eleven Mile Resort
**Manufacturing**
Arihant Multi Fibers Ltd
Arihant Polypacks Ltd
Shree Raghupati Jute Mills

**Technology**
Delta Tech Pvt Ltd
**Trading**
Arihant Commercial Pvt Ltd
Hem Trading
**Sherpa Group**/Yeti Group/Thamserku
1. Lakpa Sonam (+Pasang Lamhu), Lt. Ang Tshering, Lt. Ang Tendi
2. Dawa Steven, Nima Martin, Tenzing David, Nurbu, Pasang
Kanda
Gokarna Resort Lease Extension
Owns 52 Ropani Land inside Sagarmatha National Park
Owns Property of Nepal Trust
Establishment of UML’s head office in Pasang Lamhu Foundation Building
**Media**
Travel Logistic Management
**Leisure**
Comfort Trek
Kora Tour
Yeti Adventure and Holidays
Kasara Jungle & Resort Chitawan
Ker & Downey Nepal (Annapurna Adventure Program)
Gokarna Forest Resort
Yeti Mountain Home
Pathibhara Cable Car
Altitude Air
Bluesheep Holiday Experience
**Trading**
KK Mart
**Airlines**
Air Dynasty Heli Service
Yeti Airlines
Tara Air
Himalaya International Airlines (JV Tibet Airlines)
**Khetan Group**
1. Kishun Ram
2. Purna Mal Bihari Lal
3. Mohan Gopal, Hari
4. Rajendra, Prem Prakash, Chandra Prakash
**Trading & Investment**
Mutual Trading Company
Laxmi Corp Investments
**Money and Capital Market**

Himalayan Bank Ltd.

Laxmi Bank Ltd.

Nepal Bank Ltd.

Laxmi Micro Finance Ltd.

Everest Insurance Ltd.

Prime Life Insurance Ltd.
**Manufacturing**
Gorkha Brewery Ltd. (JV with Carlsberg Group)
Himalayan Snax & Noodles
Bottlers Nepal Ltd.
Bottlers Nepal Terai Ltd.
Himalayan Petrochemicals Ltd.
Himalayan Agriculture Pvt. Ltd.
**Chachan Group**
1. Lt. Mahabir Prasad, Lt. Mali Ram
2. Babu Lal, Parmeshor Lal, Mohan Lal, Shrawan
3. Sajjan, Sanjay, Manoj, Satish, Sushant, Nikhil
4. Piyush, Nischan
**Money and Capital Market**

Mahalaxmi Development Bank

Sunrise Bank

Asian Life Insurance
**Trading**
Devki International (Spices)
Devki Trading Concern (Fertilizer)
Trishakti Trading House (Sugar)
Chachan Impex (Coal, Birla Cement)
Manoj International Traders (Agro Equipments)
**Manufacturing**
Narayani Cement Udhyog Pvt. Ltd. (Trishakti)
Jaya Bageswori Cement Pvt. Ltd.
Narayani Oil Refinery Udhyog
Shree Agro Processing Industry
Narayani Modern Pulses Industry
Shree Adhunik Dal Udhyog
Narayani Leather Manufacturing Udhyog
Adarsh Oil Industry
Adarsh Polyplastic Pvt. Ltd.
**Shumser Jung Bahadur Rana Group (SJBR)**
1. Prabhakar
2. Siddhartha, Saurya
**Energy**
Himal International Energy Pvt. Ltd.
Bhotekoshi Power Co (45MW)
**Charity and Education**
Sipradi Shayata Sanathan
**Engineering & Construction**
Himal International Power Corporation
**Trading**
Sipradi Trading Pvt. Ltd.
Sipradi Energy Pvt. Ltd.
Sipradi Earthmovers
Sipradi Autoparts
Sipradi Assured Pvt. Ltd.

**Monetary and Capital Market**
Tara Management Pvt. Ltd.
Surya Enterprises Pvt. Ltd.
Soaltee Enterprises Pvt. Ltd.
SR Holdings Pvt. Ltd.
**Transportation & Shipping**
Gorkha Lawrie
Shipping Nepal Pvt. Ltd.
Maersk Nepal Pvt. Ltd.
Amaravati International Pvt. Ltd.
**Manufacturing**
Surya Nepal Pvt. Ltd.
Himalaya Goodricke Tea Estate
**Leisure**
Saoltee Crown Plaza
Amaravati Travels Pvt. Ltd.
Amtrip Pvt. Ltd. (Represents Cathaway Pacific Airline, Dragon Air, Oman Air)
**Shrestha Group**/ICTC Group
1. Ram Lal
2. Dinesh Lal, Suresh
3. Prabin, Rajesh, Premendra

**Technology**
Arhant Solutions
LinkPlus/InfoPlus/LinkTree
Infocom Online
ICTC Communication
**Construction**
ICTC Construction Pvt. Ltd.
**Money and Capital Market**
Premier Insurance Company
Real Estate
ICTC Real Estate Pvt. Ltd.
**Distribution**
Prime International
**Energy**
ICTC Energy Pvt. Ltd. (Solu Hydro, 23.5 MW; Sisa Khola A, 2.8 MW)
**Leisure**
Taragaon Regency Hotel (Hyatt Regency)
**Beverage**
Highland Distillery (Challenge, Virgin, Valentine, Vogue)
**Shrestha Group**/Laxmi Group
1. Ganesh Bahadur, Buddhi Bahadur
2. Sunil, Anjan, Niranjan, Nirakar
**Hospital**
Nidaan Hospital Pvt. Ltd.
**Agro Based**
Sujal Dairy
**Trading**
Laxmi Intercontinental
Jaima Intercontinental
Jaima Laxmi Trading
**Manufacturing**
Sujal Foods Pvt. Ltd. (ChocoFun, Lactofun, Candyman, Rasilo)
Jaya Packaging Industry
Sujal Plastic Industry
Jaima Laxmi Confectionery
Jaya Confectionery
**Agrawal Group**/Vishal Group
1. Gordhandas
2. Jagdish Prasad, Trilok Chand, Tulsi Ram
3. Ashok Kumar, Anuj, Vishal, Nikunj, Arpit
**Trading**
VG Lube Pvt. Ltd.
Other representative companies
**Education**

ACE Institute of Management
**Automotive**
Pooja International Pvt. Ltd.
VG Automobiles Pvt. Ltd.
(Volkswagen, Suzuki, Kobelco, Veedol, Renault)
**Manufacturing**
Kamala Rolling Pvt. Ltd.
Mainawati Steel Pvt. Ltd.
Golden Battery Pvt. Ltd.
**Construction and Engineering**
Pooja Construction Nepal
**Monetary and Capital Market**




CARE Rating Nepal (JV with CARE India)
Nepal Infrastructure Bank Ltd.
LIC Nepal Ltd.
**Pradhan Group**/Hydro Solutions Group
1. Gyanendra Lal
**Manufacturing**
Trishakti Cable Industries Pvt. Ltd.
**Energy**
Baramchi Hydroelectric Plant 4.2 MW
Charnawati Khola Hydroelctric Project 3.52 MW
Lower Charnawati Khola Hydroelctric Project 6.4 MW
Lower Modi Hydroelectric Project 20 MW
Kali Gandaki Gorge Hydropower Project 164 MW
Ankhu Hydropower Project 42.9 MW
**Real Estate**
Shivam Developers
Pawitra Aawas
Elite Colony
**Education**
Sanskriti International School
**Shanghai Group**/Triveni Group
1. Gopal Raj
2. Narayan Das
3. Purushottam Lal, Subash Chandra, Govind Lal, Birendra Kumar, Ramchandra
4. Shailesh, Aditya, Harsh
**Monetary and Capital Market**





**Trading**
Triveni Byapar Company (Panasonic, Motorola, Samsung, Yasuda, Sansui, Roland)
GP Trading Concern (OPPLE LED)
Big Mart
Annapurna Vegetables Product Pvt. Ltd.
**Manufacturing**
Triveni Synthetic Yarn Industries
Triveni Spinning Mills Pvt. Ltd.
Triveni Textile Industries Pvt. Ltd.
Triveni Synpack
Triveni Flexopack
Triveni Plasto Polymers Pvt. Ltd.
Nepal Tea Development Corporation
Shree Pashupati Cement Pvt. Ltd.
Vishwakarma Cement Pvt. Ltd.
Ghorahi Cement Industry Pvt. Ltd. (JV Bishal Group)
Triveni Feed Industries
**Energy**
Green Ventures Pvt. Ltd. (JV with Bhilwara Energy India)
**Leisure & Entertainment**
NLIC City Centre
Big Movies
**Agrawal Group**/Siddhartha Group
1. Rajesh Kumar, Jagdish, Krishna Murari
**Energy**

**Trading**
Prahalad Exim
**Manufacturing**

Bagmati Khandsari Sugar Mills Pvt Ltd

Siddhartha Flour Mill

Siddhartha Oil Industries

Siddhartha Cement Industry

Siddhartha Clinkers

Siddhartha PET Plast

Argakhanchi Cement
Rohini Agro Industries Pvt Ltd

**Money Market**

**Agrawal Group**/Nimbus Group
1. Jagadish Prasad
2. Ananda Bagaria
**Leisure**
Avalon Travel & Tours
Nine Nepal (Car Rental)
Tootle (Ride Sharing)
**Energy**
Sambriddhi Gas Udhyog
Nepal Gas
**Money and Capital Market**
Green Invest Limited
**Trading**
Nimbus International Pvt. Ltd.
(Feeds, Grains, Veterinary, Agri Inputs)
**Manufacturing**
Probiotech Industries Pvt. Ltd. (JV with IFC & GAFSP)
Nimbus Krishi Kendra
Progeochem Industries Pvt. Ltd. (Polypylene, HDPI, Plastic Film, Bags, Sacks)
**Agrawal Group**/Shanker Group
1. Rawat Man Golyan
2. Shanker Lal Agrawal
3. Sulav, Shahil, Lalita, Subhi, Deepa
**Leisure**
Jagadamba Hospitality Group
Exotic Adventures Tours and Travels Pvt. Ltd.
Naxal DoubleTree Hilton
**Money and Capital Market**
Union Life Insurance
Jagadamba Investment
**Trading**

Nakasu Motors

Jagadamba Motors (TVS Motors)

Force Construction & Association

Jagadamba Overseas

Saurav Photo International Pvt. Ltd.

Jagadamba Mobiles
**Mining**
Riddhi Siddhi Resources
Riddhi Siddhi Mines and Minerals
**Manufacturing**

Jagadamba Steels

Jagadamba Wires

Jagadamba Enterprises

Jagadamba Cement Industries

Riddhi Siddhi Cement Industries (JBV with Ambe Group)

Jagadamba Synthetics

Jagadamba Spinning Mills

Jagadamba Food Processing

Jagadamba Flour and Agro

Jagadamba Alco Bev
**Sharda Group**
1. Duli Chandra
2. Shiv Ratan, Sri Niwas, Radheshyam, Pawan K.
3. Sandeep K., Pradeep K., Amit, Samit, Gaurav, Saurav
**Manufacturing**
Premier Wires
Pioneer Carpets
Shivam Cements Ltd.
Asian Thai Foods
Pashupati Rice and Oil Mills
Nutri Foods
Cosmic Homecare
Pashupati Khadya Tel Udhyog
Swadeshi Sabun Udhyog
Asian Biscuit & Confectionery
Atlas Pet Plastic Industries Pvt. Ltd.
Premier Polymer Pvt. Ltd.
Pashupati Synpack Industries Pvt. Ltd.
Lion Rubber Industries
AC Footwear Pvt. Ltd.
**Monetary and Capital Market**



**Energy**
Riddhi Hydropower Development
Rairang Hydro
Joshi Hydro
Siddhakali Hydropower
**Trading**
Pioneer Marketing
Premier Overseas
Premier Traders and Suppliers Pvt. Ltd.
SPG Trading Pvt. Ltd.
Pioneer Motocorp Pvt. Ltd.
**Kansakar Group**/Jyoti Group/BPCL Group
1. Bhajuratna
2. Padma Jyoti, Roop Jyoti
3. Saurabh, Suhrid, Abheek, Suruchi
**Energy**
Butwal Power Company
Himal Power Ltd (JV Stratkraft Norway)
Nadi Hydro Power Ltd. (Nyadi Khola 30 MW Lamjung)
Khudi Hydro Power Ltd.
Kabeli A Hydro Electric Project Ltd.
**Construction and Engineering**
Nepal Hydro Electric Ltd.
Hydro Lab Pvt. Ltd. (JV Norwegian University of Technology, Tribhuvan University, Institute of Engineering)
Hydro Consult Engineering Ltd.
BPC Services Ltd.
**Agriculture**
Himal Agriculture Firm
**Logistics**
Himal Agencies
**Leisure**
Suruchi Travels and Tours
**Manufacturing**
Himal Iron and Steel Pvt. Ltd.
Himal Oxygen Pvt. Ltd.
Himal Wires Pvt. Ltd.
Jyoti Yarn Processing
Jay Spinning Mill Pvt. Ltd.
**Money and Capital Markets**
Sagarmatha Insurance Company Ltd.
**Trading**
Syamukapu Trading
Bhajuratna Engineering and Sales Pvt. Ltd.
Sykar Company Limited (Honda, Philips, Hero Honda)
Bhajuratna Pharma Pvt. Ltd.
Nepal General Marketing Pvt. Ltd.
**Health**

Grande International Hospital (JV with Samitivej Bangkok)
**Rana Group**/Universal Group
1. Noor Pratap
2. Amir Pratap, Vidushi
Distillery & Brewery
Scot & Scott’s Pvt. Ltd. (Knight Club, Blue Dreams)
**Trading**
AB Pacific International (automobile, eletronics)
**Manufacturing**
Kiran Shoes Manufacturer (HattiChhap)
Modern Slipper Industry
Superplast Industry
Uniplast Industry
Integrated Dairy & Agro Products Pvt. Ltd.
**Money and Capital Market**

Shikhar Insurance Ltd.

**Energy**
Toppal Khola Hydropower Pvt. Ltd.
**Heath**
Universal Elder Pharmaceutical Pvt. Ltd.
**Shah Group**/Jawalakhel Group
1. Vijay Kumar
2. Raj Bahadur
**Distillery**
**Beer**: Fosters, Mountain Ice, Namaste, Warsteiner
**Whiskey**: Black Oak, Golden Oak, Himalayan, Grand Master, Royal Treasure, Master Selection
**Vodka**: Red Russian, Blue Diamond, Ultimate, Himalayan Aila, Ruslan
Raj Distillery (Partner with Ruslan Russia, Warsteiner Germany)

Jawalakhel Distillery (Partner with Cevico Italy, AB InBev Belgium)

Himalayan Distillery

Asian Distillery (Partner with Pernod Ricard France)

Vijaya Distillery

**Tamang Group**/Civil Group
1. Ichha Raj
**Construction and Engineering**
Civil International Consultant Pvt. Ltd.
**Real Estate**
Civil Homes Pvt. Ltd.
Civil Apartment Pvt. Ltd.
Civil Estates Pvt. Ltd.
Civil Complex Pvt. Ltd.
**Trading**
Civil Trading Company Pvt. Ltd.
**Capital and Monetary**
Civil Bank Ltd.
Civil Capital Market Ltd.
Civil Saving and Credit Cooperative Ltd.
**Dugar Group**
1. Lt. Chand Mal
2. Lt. Lunkaran
3. Moti Lal, Kishan Lal, Malchand, Hukam Chand, Naresh, Kumud, Vikas, Vivek, Vijay Kumar, Ramesh Kumar, Sanjay
**HC Dugar**
Hukam Chand, Vijay Kumar, Ramesh Kumar, Sanjay
**TM Dugar**
**TM Dugar**
Malchand
**TM Dugar**
**Energy**
Pan Himalaya Pvt. Ltd. (Likhu 1, Ramechhap, 51.4 MW)
Global Hydro Power Associate Pvt. Ltd. (Likhu 2, Ramechhap, 33.4 MW)
Number Himalaya Hydropower Pvt. Ltd. (Likhu A, Ramechhap, 24.2 MW)
**Manufacturing**
Dugar Food & Beverage Pvt. Ltd. (Frooti, Appy)
Nepal Salseed Oil Pvt. Ltd.
Amrit Pulses Industries
Pooja Rice & Dal Mill
Shrada Food Products
Kohinoor Agro Industries & Cold Storage
Kamdhenu Vegetable Oil Industries
Mangalam Rice Mill
Shubham Cold Storage
Nidhi Oil Industries
**Representation**
Dugar Brother and Sons Pvt.Ltd. (Nissan, Mahindra, John Deere, Royal Enfield)
**Monetary & Capital Market**

Sunrise Bank Limited

Guras Life Insurance


**MV Dugar**
Motilal, Vivek

**KL Dugar**
Kishan Lal , Naresh, Kumud, Vikas
**Real Estate**
KJ Properties & Builders (KL Residency Luxury Homes)
NPK Builders Pvt. Ltd.
**Manufacturing**
Swastik Oil Industries Pvt. Ltd. (Dhara)
Shaurav Oil Mill Pvt. Ltd.
Vikash Flour Mill Pvt. Ltd.
Shaurav Food Products Pvt. Ltd.
Pratibha Rice Mill Pvt. Ltd. (Gyan Rice)
Swastik Packaging Pvt. Ltd.
Gyan Food Products Pvt. Ltd.
Gyan Herbal Products Pvt. Ltd.
United Cements Pvt. Ltd.
**Energy**
Modi Energy Ltd. (Lower Modi Khola, Baglung, 20MW)
Gayatri Hydropower Pvt. Ltd. (6MW)
Nepal Hydropower Developer (Charnawati, Dolakha, 3.5MW)
**Monetary & Capital Market**

Prime Commercial Bank Limited
Kumari Bank Limited

**Leisure**
Orient Paradise Tours and Travels Pvt. Ltd.
**Representation**
Electrolux, Skyworth, Oster, Fagor, White Westinghouse
**Neupane Group**/Saurabh Group
1. Lila Ram
2. Bishnu Prasad
**Manufacturing**



Shuva Shree Jagadamba Builder

Shuva Shree Jagadamba Cement

Saurabh Tea Estate

Laxmi Steels

Sarbottam Cement

Force Electronics

Jagadamba Tea Processing

Jagadamba Synthetics

Quality Roto Packaging
**Trading**

**Shrestha Group**/Panchakanya Group
1. Prem Bahadur
2. Dhurba Kumar, Pradip Kumar, Badri Kumar
3. Ujjwal Kumar, Udeep
**Panchakanya Steels**
(Ready Mix Concrete RMC, TMT Steels, Custom Steels)
**Trading**
Explore Earth Movers Pvt. Ltd. (Volvo)
KTM International Trading Pvt. Ltd. (Benelli)
**Bahadur Pande Group**/NIBL Group
1. Kalu
8. Bhim (+Chaya Devi)
9. Sagar (Army Gen), Pawan (Lieu Gen), Himalaya, Prithivi (+Pratima: Daughter of Himalaya Shumser JBR 1st Governer), Shanta

Prithivi worked as head in Rastriya Banijya Bank, Himalayan Bank, Nepal Banker’s Association, Himalayan General Insurance, Jyoti Spinning Mills, Nepal Indosuez Bank
**Monetary and Capital Market**
Nepal Investment Bank Ltd.
NIBL Ace Capital Ltd.
**Trading**
Chhaya Center
**Murarka Group**
1. Aatmaram
2. Pashupati
**Trading**
Murarka Store
P.K. Traders
Pashupati Containers
Orbit International
**Manufacturing**
Bageswori Iron & Steel (P) Ltd.
Ilam Tea Producers
Pashupati Iron & Steel P. Ltd.
**Mahato Group**
1. Upendra
**Foreign Investments**
Syntez Oil refinery (Belarus)
Amkador Heavy Equipment Manufacturing (Belarus)
Other investments in Russia
**Engineering and Construction**
Sanima Hydro & Engineering Pvt. Ltd.
**Technology**
Ncell Pvt. Ltd.
**Manufacturing**
Patanjali Ayurveda Udhyog
**Health**

Nepal Mediciti (JV with Ashwins Hospital)

Medicare National Hospital & Research Center

**Education**

Kantipur Engineering College

Acme Engineering College

Ashwins Medical College
**Media**

Kantipur Television Network
**Bank**

Machhapuchre Bank Ltd.

Neco Insurance Ltd.
Sanima Bank Ltd.

**Energy**

Sanima Hydro Ltd. (Sun Koshi Small, 2.6 MW)
Tamor Sanima Energy Pvt. Ltd. (Upper Tamor, Taplejung, 285 MW)
**Vaidya Group**
1. Vijaya Gajananda
2. Suraj, Suresh, Ritu, Annie, Cabinet Shrestha, Susan Shrestha
**Monetary & Capital Market**
Lumbini General Insurance Co Ltd.
**Trading**
United Traders Syndicate Pvt. Ltd.
Subirasa Incorporated Pvt. Ltd.
Agni Incorporated Pvt. Ltd.
**Construction & Engineering**
Nepal Singha Construction Pvt. Ltd.
**Technology**
ICT Serving Minds Pvt. Ltd.
**Education**
Educate & Develop Pvt. Ltd.
**Manufacturing**
Agni Breeders Pvt. Ltd.
Nepal Wellhope Agri Tech Pvt. Ltd.
Gurans Tea Estate Pvt. Ltd.
Mai Ilam Gurans Tea Industries Pvt. Ltd.
Nirvana Tea Processing & Packaging Pvt. Ltd.
Twache Brick & Tile Industry
**NRN Group**
**Initiators**: Jiba Nath Lamichhane, Tek Raj Niraula, Arun Kumar Ojha
**Others**: Upendra Mahato, Khem Lamichhane, Binaya Kumar Shrestha, Niraj Govind Shrestha, Olga Ojha, Ram Krishna Shah, Ghanashyam Thapa, Shesh Ghale
**Health**

**Media**

**Money and Capital Market**


Sanima Capital Ltd.

Sanima Life Insurance Ltd.
Sanima General Insurance Ltd.
**Education**


**Energy**



Sanima Mai Hydropower Ltd. (Mai Hydro 22MW; Mai Cascade 7MW)

Sanima Middle Tamor Hydro Ltd. (MiddleTamor 54MW)

Swet Ganga Hydro & Construction Ltd. (Lower Likhu 28MW)
**Engineering and Construction**
SHEPL
**Foreign Investments**
Nachalo Hydro Consulting Corporation (Canada)
Belarus-Russia based Ventures
**Leisure**
Hotel Akama

Himalayan Shumser JBR group
Mohan Sumser JBR/Pashupati Shumser (nati)

Update Kedia Grouphttp://www.kediaorganisation.com/

Acpl Group https://www.acplnepal.com/index.php?page=profile&id=4

**KC Group**
1. Kriti Bahadur
2. Surya Bahadur
3. Prakash, Kiran, Roshan
**Education**
Nepal Tourism and Hotel Management
Nepal Engineering College
Kalika Multipurpose College
**Money and Capital Market**

Machhapuchre Bank Ltd.
Sun Nepal Life Insurance Co Ltd.
**Leisure**
Himalayan Golf Course
**Manufacturing**
Him Shree Foods
**Construction**
KC Construction
**Hydro Power**
Gandaki Hydropower (Karuwa, 36 MW; Upper Madi, 7 MW; Upper Seti, 20 MW)
Task Hydropower (Bijayapur 2, 4.5 MW)
Bhagwati Hydropower
Sikles Hydropower
**Dhakal Group**/IME Group
1. Chandra Prasad Dhakal
2. Hem Raj Dhakal
**Trading**
CM Trading Enterprise
**Energy**
Himalayan Power Partner Ltd. (Dordi Khola, Lamjung, 27 MW)
Mountain Energy Pvt. Ltd.
**Leisure**

Chandragiri Hills

IME Travels and Tours

Kathmandu Fun Park
**Automotive**
IME Automotive
**Money and Capital Markets**

IME Remittance

Global Remit

Global IME Bank Limited (IME Finance, Global Bank, Buddha Finance, Commerz & Trust Bank, Pacific Dev Bank, Reliable Dev Bank)

IME Life Insurance (JV with Hathaway Group, Gurung Group)

IME General Insurance
**Technology**
Dish Home
**Neupane Group**/Ambe Group
1. Lilaram
2. Shovakar Hari
**Charity**
Lilaram Kuntidevi Pratisthan
**Real Estate**
Shiwani Complex
Ambe Housing
Metro Housing
**Money and Capital Market**

**Manufacturing**
Ambe Cement Pvt. Ltd.
Smart Foods and Snacks Pvt. Ltd.
Ambe Steels Pvt. Ltd.
**Trading**
Ambe International Trading
Ambe Mobiles Pvt. Ltd.
**Keyal Group**
1. Satyanarayan
2. Rajesh, Suresh, Ritesh
3. Bikash, Kunal, Nikit, Anuj
**Money and Capital Market**


**Trading**
Bicky Hardware House Pvt. Ltd.
**Manufacturing**
Narayani Rolling Mills Pvt. Ltd.
Narayani Ispat Pvt. Ltd.
Shree Krishna Steel Industries Pvt. Ltd.
Narayani Strips Pvt. Ltd.
Gorkha Wire and Narayani Steels Pvt. Ltd.
Star Cement Pvt. Ltd. (Aarati Cement)
ACC Eco Block Pvt. Ltd.
**Agriculture**
Gorkha Feed Pvt. Ltd.
Anupam Food Products Pvt. Ltd.
**Bhattachan Group**/Prabhu Group
1. Devi Prakash
2. Shikshya
**Technology**

Creation Soft Nepal Pvt. Ltd.
Bus Sewa/ SCT Pay
NepFlights
Prabhu Technology
Inficare
Prabhu Billing
Epay System/ iPay/ PayPoint
SIM TV
**Airlines**
Prabhu Helicopters
Simrik Airlines
**Energy**
Prabhu Energy Ltd.
**Money and Capital Market**
Prabhu Bank Ltd. (Kist, Gaurishankar Dev, Zenith Finance)
Prabhu Capital
Prabhu Cooperative Service
Prabhu Insurance
Prabhu Life Insurance
Prabhu Money Transfer
Prabhu Group Inc.(USA)