Userpath is created in Neoload using selenium But NO transactions are present inside.

An additional property should be added for enabling the proxy on InternetExplorerDriver. Can you try with the following code for driver initialization:

DesiredCapabilities capabilities = new DesiredCapabilities();
capabilities.setCapability("ie.setProxyByServer", true);
final InternetExplorerDriver webDriver = new InternetExplorerDriver(
NLWebDriverFactory.addProxyCapabilitiesIfNecessary(capabilities));
webDriver.manage().timeouts().implicitlyWait(30, TimeUnit.SECONDS);