NE Group

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Affiliated and Subsidiary Companies

National Ice Cream Industries Pvt. Ltd.

Established in 2009 as a joint venture between NE Group and The Nanglo Group, National Ice Cream Pvt. Ltd. is Nepal’s leading premium frozen desert producer with a state-of-the-art 18,500 sq ft. manufacturing unit located at Balaju Industrial District, Kathmandu. With a fulltime team of professional food and dairy technologists, National Ice Cream Industries Private Limited ensures high quality and maintenance of stringent hygiene standards throughout the manufacturing and distribution cycle.


Established in 2006, National Investment & Capital Market Limited (NICM) provides Asset Management, Investment Banking, Research, Consultancy And Training services all under one roof. The company is a pioneer institution in the Nepalese capital markets sector and is promoted by a leading group of businessmen and experts in the financial sector of the country. The management is supported by Citizen Investment Trust, a public fund manager and merchant banker. NICM has an issued capital of Rs. 150 million and is to due to be listed on the Nepalese Stock Exchange.

National Soap Industries Pvt. Ltd.

Established in 1996, National Soap Industries Pvt. Ltd. is a large scale industrial until at Hetauda Industrial Estate, Makwanpur manufacturing Laundry Soaps, Powdered Detergents and Hair Oil. The company provides back-end production and packaging capabilities for the leading brands of Unilever Nepal.Such as OK Laundry Soap, Wheel Detergent Powder.

Unilever Nepal Ltd.

Established in 1993 as a joint venture between Hindustan Unilever (formerly Hindustan Lever) and Sibkrim Land & Industrial Co. (a subsidiary of NE Group), Unilever aims to meet the everyday needs of Nepali household, to anticipate the aspiration of consumers and to respond creatively and competitively with branded products and services to raise their quality of life. The company manufactures and brings to market renowned international brands such as Sunsilk Hair Products, Close Up, Pepsodent, Wheel Detergent Powder, OK Laundry Soap, Axe Deodorants. Dove, Fair and Lovely, Lifebouy, Lux, Lakme, Ponds and Vaseline amongst others. The company is listed on the Nepalese Stock Exchange.

United Insurance Co. Ltd.

Established in 1993 as an ISO 9001:2000 certified insurance company. United Insurance started its operation on December 1, 1993 (Mangsir16, 2050) after its registration with the Company Registrator's Office and approval by Insurance Board. The company is promoted by leading industrialists and reputed trading and commercial houses of Nepal and in publically listed on the Nepalese Stock Exchange. The Authorised Capital of the Company is Rs. 150 million, out of which Rs. 100 million have already been subscribed.


Establised in 2010, the premier ice cream brand in Nepal is manufactured by National Ice Cream Pvt. Ltd. The Azzabko ice cream flavor range consists of Azzabko Vanilla, Strawberry, Chocolate, Butterscotch, Pistachio, Rum Raisin, Mango, Pineapple, 21 Love, Fruity Nutty, Chocolate Chips, Coffee Mocha, and Mint. Besides these, also available are Azzabko Chocobar, and four other flavours in the ice candy range –Rasilo Orange, Mazzako Mango, Gazabko Lemon and Chiso Cola. Azzabko products are available in over 500 retail stores, restaurants and hotels across the country.

Super Religare Reference Labs Pvt. Ltd.

Established in 2010 as a joint venture between Life Care Services Pvt Ltd (a subsidiary of NE Group) and Super Religare Reference Laboratories India, which is the largest diagnostic network in South and South-East Asia. Through SRL’s experise, the lab provides international standard diagnostic services in the country offering over 3500 tests covering most diseases known to mankind. The lab is located in Mahrajgunj, Kathmandu and boasts 12 collections centers across the country in cities such as Dharan, Pokahara, Biratnagar, Nepalganj, Bhairawa, Bharatpur, Dhangadi, Dharan and Janakpur.

National Herbal and Pharmaceutical Industries Pvt. Ltd.

Development stage company established in February 2006. The company engages in the extraction and processing of natural herbal medicines.


Summit Hotel



The summit is a very special Nepali style Hotel with Western comfort established in 1978 by a group of Dutchmen. A wide range of accommodation is offered from self contained apartments in Summit towers and the luxurious Himalayan view wings room to original garden wing rooms and a the good value budgeted accommodation available in 'Holland House

National Investment Co. Ltd.

Mutual Fund and Investment Company established in 2010.

National Steel Industries Pvt. Ltd.

Manufacturer of Steel Bars.

Agricon Trade Concern

Established in December 1990, the company engages in General Trading and Fertilizer businesses.

Greenline Enterprises

Established in 02 April 1995, the company engages in various project business and agency representations.

I. J. Plaza Office Building

Modern Commercial Complex housing several top tier financial institutions located at Durbar Marg, the commercial center of Kathmandu.

Life Care Services Pvt. Ltd.

Healthcare arm of the group established in April 17, 2008 for the promotion of SRL laboratories and other healthcare service businesses in Nepal.

Milan Travel and Tours Pvt. Ltd.

Full service travel agency for packaged travels and tours.

Northern Enterprises

International arm of N.E. group which represents various international companies, tender businesses and project development firms with their interests in Nepal.

Nepal Kirana Center

Large scale distributor of consumer products such as Nestle, Gorkha Brewery etc.

Nepal Synthetic Industries Pvt. Ltd.

Manufacturer of Synthetic Textiles.

North Link Holdings Pvt. Ltd.

Agency Representation and Project Business.

N. Trading Co. Pvt. Ltd.

Promoter and Major Shareholder of Himalayan bank Ltd.

Power Development Nepal Pvt. Ltd.

Promoting Company of Hydro-Electric Projects.

Shree Enterprises Pvt. Ltd.

Established on 16 August 1988, it deals General Trading and Agency Representation.

Sibkrim Land & Industrial Co. Pvt. Ltd.

Established in 26 March 1991 as an investment company in real estate and various industries