Golyan Group


Golyan Group is a business conglomerate with its headquarters in Kathmandu, Nepal. The group comprises 25 companies operating across sectors such as manufacturing, agriculture, real estate and hospitality, and renewable energy. It reportedly has an annual turnover of approximately USD 400 million and employs around 10,000 people.
With a growing international footprint, Golyan Group exports to more than 60 countries across all continents, serving diverse markets.

Board

Golyan Group is a family-owned business. The board of directors consists of the following.
PositionPersonnel
Chairman EmeritusPawan Golyan
Chairman and Managing DirectorAkshay Golyan
Vice ChairmanBasu Dev Golyan
DirectorShakti Golyan
DirectorAnant Golyan

Businesses

Golyan Group is a business conglomerate in Nepal with a diverse portfolio of companies operating across various sectors. The group's primary business verticals include agriculture, manufacturing, real estate and hospitality, renewable energy.

Agriculture

Golyan Group has diversified its investment in the agriculture sector through Janata Agro and Forestry Limited.

Janata Agro and Forestry Limited

Janata Agro and Forestry Limited specializes in agricultural and forestry products. Recently, it signed a Memorandum of Understanding with Kasetsart University, Thailand to promote organic farming and advanced agricultural practices. The agreement was signed on April 2, 2025 by Janata Agro President Mr. Pawan Golyan and Kasetsart University Vice President Dr. Krit Won-in, aiming to modernize Nepal's agricultural sector with advanced techniques, sustainable farming methods, and improved farmer livelihoods.

MATO

MATO is the first FMCG brand of Golyan Group, launched in 2019 with an aim to revive Nepal's agricultural sector, empowering farmers, and promoting sustainable farming practices. Mato is the Nepali word for soil, aims to scale agricultural production across Nepal by establishing strong demand links in both domestic and international markets. Currently, the brand has over 125+ SKUs within 7 outlets in Kathmandu and major retail stores.

Ashapuri

Ashapuri Organic is an organic company based in Nepal, founded in 2002 with the establishment of Ashapuri Organic Farm. The company is committed to promoting and producing organic foods, including vegetables, fruits, tea, and coffee. Ashapuri Organic Farm is a 100% certified organic and one of the country's largest organic farms. The company prides itself on its commitment to organic farming practices, which involve using natural fertilizers and pesticides and avoiding genetically modified organisms.
Golyan Group intends to encourage the scalability of agricultural production through commercial farming all over the country by creating strong demand links in both domestic and international markets.

Manufacturing

Reliance Spinning Mills Ltd.

Reliance Spinning Mills Ltd., established in 1994 A.D. is the largest spinning mills in Nepal with an investment of NPR. 15.5 Billion. The company operates two factories: Unit A located at Khanar, Sunsari, and Unit B located at Duhabi, Sunsari, Nepal. RSML utilizes machinery from textile machinery manufacturers such as LMW, Savio, Schlafhorst/Saurer, Vijay Laxmi, Peass, Mylon, Murata, Rieter & Aalidhra Textool.
The company is a market leader of Nepal in yarn exports making it the single largest exporting company of Nepal with exports exceeding 1200 CR in 2025 and the country's largest employer.
RSML engages in manufacturing Polyester, Viscose, and Acrylic, and their various blends in grey, dyed, melange yarn & DTV yarns. RSML's installed capacity of 79,824 ring spindles & 960 vortex spindles makes the factory capable of producing 40,680 tons of yarn annually. The company also completed the expansion of 1,440 vortex spindles and an open end plant & additional TFO twisters for making the factory capable of producing an additional 8,280 tons annually. After this recent commissioning of two new production lines in June 2023, the Company's installed capacity brings the total production to 120MT/day.
Awards:
  1. Excellence Award in Value-added Export category 2022, 2024, 2025
  2. Excellence in Industrial Relations Award 2022
  3. Top Employment Provider 2020 and 2024 by Nepal Foreign Trade Association
Public Offering
RSML opened its IPO in December 2025. The company is the second in Nepal to issue shares using the book-building method.
Under this process, 770,640 shares were allocated to qualified institutional investors at a cut-off price of NPR 912 per share. For the public offering, shares were issued at NPR 820.80 per share, reflecting a 10 % discount to the institutional price.  
A total of 115,596 shares were reserved for Nepali citizens working abroad, while 924,768 shares were offered to the general public. The IPO was oversubscribed by more than 33 times, indicating strong investor demand.

Tricot Nepal

Tricot Industries was established in 1999 A.D., Tricot Industries is a luxury knitwear manufacturer with the largest knitting unit in the country and a strong global presence. In addition to cashmere, it crafts premium garments from wool, silk, linen, and organic cotton.
Awards:
  1. Tricot was honored as the "Largest Exporter in FY 81-82" from TIA Customs, Ministry of Finance, Government of Nepal.
  2. Tricot has received "Export Excellence Award 2025", by LCCI.
  3. Tricot has been awarded with "Export Excellence Award 2024" for knitwear export.

    Shivam Plastic Industry

Established in 2000, Shivam Plastic Industries Ltd. is a manufacturer of Polypropylene woven fabric. Polypropylene woven fabric has replaced jute in most instances and is used for various industrial and packaging solutions. Its products are sold both in the domestic market and exported, primarily to India. It has a production capacity of 10,000 metric tons per annum of woven fabric. Shivam Plastic Industry is a joint venture of the Golyan Group family and the Agarwal family. It is also Nepal's sole manufacturer of Super Paulin, a very strong, light-weight and water-resistant tarpaulin.

Renewable energy

Golyan Group holds survey licenses for 700 MW of combined hydro and solar power. 14 projects are at different stages with a forecast of generating 700 MW of electricity by 2030.
In a significant step towards expanding renewable energy in Nepal, Golyan Power recently entered into a joint venture agreement with Prozeal Green Energy to collaborate on solar power projects across the country, further cementing its commitment to sustainable energy solutions.

Hydropower

  • Balephi Hydropower Ltd. - 36 MW
  • Upper Balephi Hydropower Ltd. - 46 MW
  • Mizu Energy Ltd. - 54 MW
  • KBNR Isuwa Power Ltd. - 97.2 MW
  • Apollo Energy Pvt. Ltd - 89.7 MW
  • Elevate Energy Pvt. Ltd. - 191.4 MW
Balephi Hydropower Limited has been generating electricity since November, 2022. Other hydropower projects are in different phases of development. Apollo Energy Pvt. Ltd. and Elevate Energy Pvt. Ltd. have received a technical assistance grant from the US International Development Finance Corporation for the engineering and environmental study of the project.

Solar

  • Pure Energy Ltd. - 20 MW
  • Positive Energy Pvt. Ltd - 20 MW
  • Sol Power Ltd - 100 MW
  • Rapti Urja Pvt. Ltd - 50 MW
Pure Energy Ltd. is a flagship investment of the Golyan Group. It became a public listed company in January 2025. It comprises two blocks – Pure Energy I and Pure Energy II – located in Banke District, with a combined capacity of 20 MW. Pure Energy II achieved operational status and commenced commissioning in May 2023, while Pure Energy I started operations in December 2023. Other solar projects are in different stages of development.

Real estate and hospitality

Hyatt Centric Soalteemode Kathmandu

Hyatt Hotels Corporation and City Hotel Limited have announced the transformation of Hyatt Place Kathmandu into Hyatt Centric Soalteemode Kathmandu, marking the opening of the first Hyatt Centric branded hotel in Nepal. Hyatt Centric Soalteemode is also the first pet-friendly hotel in Nepal.
Awards
  1. South Asian Travel Award for Leading F&B Hotel 2023.
  2. South Asian Travel Award for Leading F&B Hotel/Resort and Leading City Hotel 2024.
  3. Booking.com: Traveller Review Awards 2025
  4. Tripadvisor: Traveler's Choice Awards 2025

    Golyan Tower

Golyan Tower is the landmark headquarters of Golyan Group—an architectural embodiment of our vision, values, and commitment to sustainable, future-focused growth. Located in Mid-Baneshwor, Kathmandu, this 10-storey building features contemporary design, earthquake-resistant construction, eco-conscious systems, and advanced infrastructure that supports innovation and operational excellence.
The Residences at Hyatt Centric
The Residences at Hyatt Centric, Soalteemode is one of the residential apartments, located in Soalteemode, Kathmandu.
Hyatt Regency Lumbini
Hyatt Regency Lumbini is a premier 175-room resort set to open in Lumbini by 2029. It marks Hyatt's fourth-brand presence in Nepal —and is the second property in partnership with Golyan Group.  The hotel covers 11 acres and features elegant accommodations, multiple dining venues, event spaces, a wellness spa, outdoor pool, fitness centre, and other modern amenities. The hotel is designed with a blend of contemporary design with Nepali cultural warmth. Its also reflects a shared vision for sustainable luxury and regional heritage-conscious hospitality.

Corporate Social Responsibility

Golyan Group has pledged a comprehensive support for the families of Gen-Z Martyrs.
1. Educational support for their younger siblings and children up to the 12th standard, nurturing dreams, talent and opportunity.
2. Comprehensive health insurance coverage for the parents of the martyred, ensuring their well-being and security in the years to come.
On 25th November, 2025, Golyan Group successfully completed the first phase of its scholarship initiative for the children of Gen Z martyrs with the signing of the Tripartite Agreement alongside the families and partner educational institutions. The Tripartite Agreement includes education support to children covering tuition fees, hostel facilities, meals, transportation, learning materials, uniforms, and access to extracurricular programs announcing a monthly scholarships of up to NPR 40,000 for 32 children.
On World Children’s Day, the group hosted a “Kids' Play Date” event with these children to encourage joy, safety, and optimism among them. Golyan Group is committed to the children’s well-being—not only through education, but through support, opportunity, and encouragement.