Hulas Steel Industries Limited

Name

Hulas Steel Industries Limited

Legal name

Hulas Steel Industries Limited

Website

https://hulassteel.com.np

Company type

Private

Founded year

1981

Operating status

Operating

Ownership category

akta.pro rank

Product category

Steel and Aluminium Building Products Manufacturing

NAICS

Sheet Metal Work Manufacturing (332322), Other Aluminum Rolling, Drawing, and Extruding (331318), Metal Window and Door Manufacturing (332321)

SIC

Steel Works, Blast Furnaces & Rolling & Finishing Mills (3310), Sheet Metal Work (3444)

akta.pro primary industry

Metal Roofing Systems (IMADAFAB)

akta.pro secondary industries

Flashing, Edge Metal & Roof Accessories (IMADAFAJ), Steel Joists, Joist Girders & Decking (IMADACAC)

Keywords

• Steel roofing sheets
• Steel pipe manufacturing
• Aluminium extrusion profiles
• Pre-engineered buildings
• Steel poles and towers

Headquarters

HQ city

Kathmandu

HQ country

Nepal

HQ region

Asia

Offices13 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Steel Products Sales: Revenue generated from the sale of manufactured steel products including roofing sheets (Hulas Roofing Sheet, color-coated, galvanized), CRCA cold rolled sheets and coils, and engineered steel structures (towers, poles, crash barriers). Products sold through dealers, depots, and direct sales.
2. Hipco Pipes Sales: Sale of ERW steel pipes under the Hipco brand including galvanized pipes, black pipes, square/rectangular hollow sections, round tubes, structural pipes. Certified to Nepal Standard (NS) 199 and Indian Standards (IS 1239, IS 1161, IS 3601). Sold through dealer network.
3. Aluminium Products Sales: Sale of aluminium extrusion profiles including doors, windows, kitchen cabinets, curtain walls, partitions, sliding windows, casement windows, and H-Series profiles. Also luxury aluminium brand Skyline launched 2025. Sold through dealers and direct showroom (Skyline Experience Centre).
4. Engineering Products Sales: Sale of fabricated engineered products including telecom towers, transmission line towers, substation structures, monopoles, octagonal poles, high mast poles, flag masts, decorative poles, penstock pipes, metal crash barriers (W-beam), and Hipco Superbuild pre-engineered buildings.
5. Service Centre Profiling: On-demand profiling services for H-Span and Hulas Heritage roofing sheets at the Hulas Steel Service Center in Butwal. Delivery within 6 hours for Butwal area, 24 hours for surrounding areas. Service centre opened in 2025.

Pricing tiers

Go-to-market motion2 records

Distribution channels7 records

Marketing channels6 records

Core offering

Hulas Steel Industries Limited manufactures and sells a comprehensive range of steel and aluminium building products in Nepal, including color-coated and galvanized roofing sheets (Hulas Roofing Sheets with multiple profiles), cold-rolled steel sheets (CRCA), ERW steel pipes (Hipco brand), aluminium extrusion profiles, shutter profiles, and engineered infrastructure products such as poles, transmission/telecom towers, high mast systems, W-beam metal crash barriers, and fully integrated pre-engineered buildings (Hipco Superbuild). The company also operates hot-dip galvanizing services and a profiling service center in Butwal, distributing through 34 offices and 100+ dealers across Nepal.

Product overview

Hulas Steel Industries Limited is a diversified steel and aluminium manufacturing company offering multiple product lines: (1) Hulas Roofing Sheet - premium color-coated roofing solutions available in various profiles (Plain, Corrugated, Wide, H-Span, Heritage, Diamond, Crest, SkyLock, Wood Finish, Cladex, Tile Profile, Ridge) using DuraColour and Galvaalum technologies; (2) CRCA Sheets - cold-rolled steel products using 6HI rolling mills; (3) Hipco Pipes - ERW steel pipes including galvanized, black hollow, rectangular, square, and structural pipes; (4) Aluminium Products - extrusion profiles for doors, windows, curtain walls, partitions, and architectural applications; (5) Shutter Profiles - CR Sheet-based roller shutter components; and (6) Engineering Products (Hipco SuperBuild sub-brand) - Pre-Engineered Buildings, poles (telescopic, tubular, street light, high mast, octagonal, flag, signage), towers (transmission, telecom, substation), high mast systems, and metal crash barriers. The company operates hot-dip galvanizing and service center facilities, positioning itself as a comprehensive infrastructure materials provider.

Differentiator

Problem solved

Functional benefit

Brands

• HIPCO: Brand for galvanized and black MS tubes and pipes
• DuraColour
• Galvaalum
• Hipco Superbuild
• Skyline

Products and services

• Hulas Roofing Sheets Premium color-coated and galvanized roofing sheets manufactured using Galvaalum (Al-Zn) coils with DuraColour 35-micron UV-resistant paint technology. Available in multiple profiles including Plain, Corrugated, Wide, H-Span, Heritage, Diamond, Crest, SkyLock, Wood Finish, Cladex, Tile Profile, and Ridge for residential, commercial, and industrial roofing applications across Nepal.
• CRCA Sheets Cold Rolled Close Annealed steel sheets and coils produced using a 6HI cold rolling mill with automatic thickness gauge control, capable of rolling 0.09 to 1.80mm thickness. Heat-treated in bell furnaces under controlled heat atmosphere for downstream manufacturing and general steel applications.
• Hipco Pipes ERW steel pipes ranging from 1/2 to 8 inch NB nominal bore, including square and rectangular hollow sections, round tubes, galvanized pipes, black pipes, and structural pipes for plumbing, sanitation, structural, and engineering applications. Certified to Nepal Standard NS 199 and Indian Standards IS 1239, IS 1161, and IS 3601.
• Aluminium Products Aluminium extrusion profiles for doors, windows, curtain walls, partitions, kitchen cabinets, ladders, and architectural applications. Produced via full aluminium plant facilities including Foundry, Extrusion Press, Anodizing, Electro Coloring, Powder Coating Plant, Tool Room, and Laboratory. First aluminium extrusion industry in Nepal, established 1990, with 4,000 metric tonne capacity.
• Shutter Profiles Rolled shutter profiles manufactured from cold-rolled steel sheets, providing superior surface finishing with high formability and sleek design for roller shutter doors in commercial and industrial applications.
• Hipco SuperBuild (Pre-Engineered Buildings) Pre-Engineered Buildings (PEB) offering fully integrated design-to-fabrication-and-installation solutions for factories, warehouses, retail shops, agricultural and poultry structures, resorts, and commercial buildings. Established 2021 as Nepal's first fully integrated PEB manufacturer.
• Hulas Poles Steel poles including telescopic poles, tubular poles, street light poles, high mast poles, octagonal poles, decorative poles, flag masts, and signage mast structures for street lighting, sports facilities, signage, and infrastructure. Over 500,000 poles installed across Nepal.
• Hulas Tower Galvanized steel fabricated structures including transmission line towers, telecom towers, substation towers, and penstock pipes for power transmission, telecommunications, hydroelectric, and substation infrastructure.
• Hulas High Mast High mast poles and structures for sports lighting, flag masts, and large-scale outdoor illumination systems used in stadiums, airports, ports, and large public spaces.
• Hulas Metal Crash Barrier W-Beam metal crash barriers and highway guard rails for road safety on highways and motorways. Hulas was the first W-beam crash barrier manufacturer in Nepal (2022).
• Hot-Dip Galvanizing Service Hot-dip galvanizing service protecting steel structures through a metallurgical bond when submerged in molten zinc, creating intermetallic layers harder than base steel for extremely abrasion-resistant coating lasting decades. Applications include infrastructure, solar/wind energy, oil and gas, automobiles, and telecommunications.
• Hulas Steel Service Centre (Butwal) On-demand profiling service for H-Span and Hulas Heritage roofing sheets at Butwal, with delivery within 4-6 hours for the Butwal area and 24 hours for surrounding areas. Nepal's first-of-its-kind profiling service center.
• Skyline Premium Aluminium Brand Premium luxury aluminium doors and windows brand, positioned as international-standard luxury aluminium products for the Nepal market, sold through the Skyline Experience Centre showroom at Maitighar, Kathmandu and authorized dealers.

Quantifiable outcome

• Galvaalum sheets offer 3x the durability and strength compared to standard galvanized roofing sheets
• +5 more outcomes

Named customers3 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Five partnerships are on record, tiered minor and core.

• Diwakar Golchha FoundationminorOthers · 4 November 2025Diwakar Golchha Foundation is the CSR arm of the Golchha Organization. Through this foundation, Hulas Steel donates steel roofing materials to charitable causes — including approximately NPR 200,000 worth of roofing sheets to SIAN Rehabilitation Centre in November 2025. The foundation represents Hulas Steel's community engagement and social responsibility activities.
• KSL CleanTech Limited, IndiacoreStrategic or Co-development Partner · 24 June 2025Golchha Green Energy (part of Diwakar Golchha Organization) entered a strategic partnership with India's KSL CleanTech Limited for solar energy projects in Nepal. KSL has successfully implemented approximately 400 solar projects in India of various capacities. The partnership aims to import solar panels, install them in industrial settings, and address Nepal's energy problems. The collaboration is expected to add new dimensions to Nepal's renewable energy promotion through technology transfer.
• Golchha Green EnergyminorOthers · 24 June 2025Golchha Green Energy is an entity within the Diwakar Golchha Organization focused on solar energy solutions. It partners with KSL CleanTech for solar panel imports and industrial energy solutions. Also explored solar power generation for electricity production. Related to Hulas Steel through shared parent organization (Golchha Organization).
• Golchha OrganizationcoreStrategic or Co-development Partner · 1 January 1981Golchha Organization is the founding Nepali partner and parent group of Hulas Steel Industries Limited. Founded in 1934 A.D. by Late Seth Sri Ram Lal Golchha and led later by Diwakar Golchha, the organization has been at the forefront of industries and commercial development in Nepal, pioneering technical excellence, professionalism, and innovation. Hulas Steel is the flagship company of the Golchha Group.
• Comcraft Limited, SingaporecoreStrategic or Co-development Partner · 1 January 1981Comcraft Limited of Singapore was the original joint venture partner with Golchha Organization in establishing Hulas Steel in 1981 as a Greenfield venture. Comcraft provided international expertise and capital for the steel manufacturing joint venture.

Scale indicators9 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Astral Pipes: Indian manufacturer of plumbing and drainage pipes (PVC, CPVC) with a growing steel pipe business. Comparable product category and customer overlap with Hulas's Hipco pipes division, particularly in residential and commercial construction.
• Everest Industries: Indian manufacturer of fiber cement and metal roofing sheets, building boards, and pre-engineered buildings. Competes directly with Hulas across roofing sheets and PEB structures, targeting the same residential, commercial, and institutional segments in South Asia.
• Pennar Industries: Indian manufacturer of cold-rolled steel, galvanizing, tubes, and engineered products (PEB). Comparable across Hulas's CRCA sheets, Hipco pipes, and engineering products portfolio with similar customer verticals (industrial, infrastructure).
• APL Apollo Tubes: India's largest structural steel tube manufacturer producing ERW pipes, hollow sections, and structural tubes. Closely comparable to Hulas's Hipco pipes business across product range, customer base (construction/infra), and go-to-market via dealer networks.
• Visaka Industries: Indian manufacturer of roofing sheets (fiber cement and metal) and synthetic yarn. Comparable product range to Hulas's roofing sheets portfolio and overlapping dealer-led distribution in South Asian markets.
• Tata BlueScope Steel: Joint venture between Tata Steel and Australia's BlueScope producing color-coated steel roofing and building solutions under the Lysaght and Durashield brands. Directly comparable to Hulas's Galvaalum/DuraColour roofing business and competes for the same South Asian customers.
• Kirby Building Systems: India-headquartered pre-engineered buildings and structural steel manufacturer (Kirby India). Directly comparable to Hulas's Hipco Superbuild PEB business, serving the same factory, warehouse, and commercial construction customers.

Broad incumbents

• Hindalco Industries: India's largest aluminium producer and Aditya Birla Group flagship, operating aluminium extrusion and downstream products. Overlaps with Hulas's aluminium division (doors, windows, profiles), though at vastly larger scale and broader product scope.
• JSW Steel: India's largest steel manufacturer by capacity, with broad flat and long product offerings. While not a roofing specialist, JSW's coated steel and downstream products overlap with Hulas's CRCA and galvanized sheet categories across the broader South Asian steel value chain.
• Supreme Industries: India's largest plastics pipe manufacturer with diversified building products portfolio. Overlaps with Hulas's Hipco pipe business and broader construction materials, though focused primarily on plastics rather than steel.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/hulas-steel-industries-limited

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hulas Steel Industries Limited