Manufacturing
Hongshi Shivam Cement
The largest cement manufacturer in Nepal, running through the night in Nawalparasi.
A family holding company · Nepal
Built from the foot of the Himalayas, outward.
Five decades on from a textile trading desk in Kathmandu, Bhimsaria Group holds and operates businesses in technology distribution, manufacturing, energy, banking and mobility across Nepal.
Businesses held in Nepal
+
Years of operating history
Sectors held and operated
The group
A long-hold owner, not a portfolio trader.
Bhimsaria Group began in 1970 as a textile trading house at the foot of the Himalayas, founded by the late Keshar Deo Bhimsaria. It was diversified and expanded across Nepal by Binod, Pawan and Rajesh Bhimsaria.
What has held it together across five decades and six sectors is a preference for owning the whole thing: the distribution rights, the plant, the licence, the balance sheet. The group runs on trust, credibility and performance, and it tends to stay in a business long after the interesting part is over.
It is now in its third generation, with Dipendra, Nikita, Simran, Harshita and Rakshit Bhimsaria taking it forward. Alongside the commercial work the group funds practical local causes — installing CCTV cameras at police headquarters, supplying warm clothing to students in rural areas — and treats employment generation as a first-order objective rather than a by-product.
Sectors held
Mobile & IT distribution · Authorised service and repair · Manufacturing · Banking & insurance · Hydropower · Mobility & EV
In the field
What the group actually does, on the ground.
Plants, offices and corridors across Nepal — photographed at the businesses themselves.
Manufacturing
Manufacturing
Shivam Cement
The group's first cement works, listed on NEPSE and standing in the middle of farmland.
Distribution
Genxt, Kathmandu
Generation Next Communication — the arm behind Apple, Dell, HP, Dyson and Tecno in Nepal.
65 MW
Balephi · Sanima Mai · Mai Cascade
Run-of-river hydropower
Three schemes in Sindhupalchok and Ilam, each on a power purchase agreement with the Nepal Electricity Authority.
Banking & insurance
A listed shareholder base
Positions in the largest and the fifth largest commercial banks in Nepal, plus three life insurers.
In development
Indigo Agro
An edible oil refinery under development at Birgunj, on the Indian border.
Drag, scroll or swipe — six of the group's businesses
The portfolio
Twenty-three businesses. Six sectors. One family.
Wholly owned plants, country distribution rights for the world's largest technology brands, and stakes in Nepal's largest commercial banks.
Manufacturing at scale
Nine thousand tonnes of cement leave our kilns every day.
History
Five decades, in the order it happened.
1970
A textile trading desk in Kathmandu
Keshar Deo Bhimsaria founds the business trading textiles, with Atma Devi Bhimsaria alongside him.
1985
Into FMCG distribution
Binod, Pawan and Rajesh Bhimsaria move the house from trading into national distribution of fast-moving consumer goods.
2000s
Global technology brands
Distribution agreements follow in sequence — Nokia, then Dell, Apple and HP — all for the Nepal market.
2010
Banking and insurance
The group takes positions in Class "A" commercial banks and life insurers in Nepal.
2010s — now
Manufacturing, energy and electric mobility
Cement and polymer manufacturing come on stream, with 65 MW of run-of-river hydropower and, most recently, electric vehicles and haulage.
Leadership
The people accountable for it.
Founder Emeritus
Late Keshar Deo Bhimsaria
Founder Emeritus
Late Atma Devi Bhimsaria
Chairman
Binod Kumar Bhimsaria
Executive Director
Pawan Kumar Bhimsaria
Director
Nikita Bhimsaria
Director
Simran Bhimsaria
Director
Harshita Bhimsaria
Director
Rakshit Bhimsaria
Open call · ventures & investment
We invest Rs 50 lakh to Rs 10 crore in a single venture. Per venture · multiple ventures considered
Bhimsaria Group is actively looking for products to distribute, things worth manufacturing in Nepal, and early-stage companies — including AI-led businesses — to back with capital and the operating infrastructure the group already runs.
That range is per opportunity, not a fixed pool. Where several ventures each merit up to Rs 10 crore, we are prepared to commit to all of them — it depends on the opportunity and the business idea.
Bring us a brand
A product that needs a route into Nepal. We hold country distribution rights for some of the largest technology brands in the world and know how to open a market.
- Send
- Territory, margin structure, and whatever traction you already have.
Bring us something to make
A product that could be manufactured at scale. The group already runs cement and polymer plants across Nepal, and knows the ground.
- Send
- Unit economics, plant and input requirements, target market.
Bring us a company
An early-stage business that needs capital and a market rather than only capital. AI-led ideas are explicitly in scope.
- Send
- The deck, the team, and what the money buys over the next 18 months.
23 businesses 50+ years In-country teams, logistics & training
Send us your pitch