Keyal Group is a family business based out of Birgunj

The majority of our manufacturing concerns are in and around Birgunj while the trading elements extend to Kathmandu and our distributional reach is nationwide.

Keyal Group is a diversified business group with a strong presence in a broad range of business, manufacturing and industrial interests including:

Iron & Steel



Real Estate

Financial Services



Keyal Group’s humble beginnings go back more than 100 years and a small cloth merchant’s business called Gajanand Balmukund, started by the late Shree Gauri Shankar Keyal, grandfather of our current chairman, Satyanarayan Keyal.


Gauri Shankar Keyal’s son, the Late Gulab Rai Keyal, expanded the family business by establishing saw (lumber) and rice mills in Birgunj in 1951. Both the saw mill and the cloth trading business are still running today.


The next major turning point in Keyal Group’s growth was when Satyanarayan Keyal, son of Gulab Rai Keyal, moved beyond the sectors of cloth and wood. In 1986 he established a paint and hardware store in Birgunj. In addition to stocking hardware goods to local consumers, they began supplying construction materials like iron and steel products to the local manufacturing industry.


Soon they were expanding again, opening a store in Kathmandu in 1993. Over the years, the business continued to flourish and now the Keyal Group has 11 stores nationwide.


In 1993 Narayani Rolling Mills started operations producing steel products for the construction industry.


Five years later, in 1999 Shree Krishna Steels was established, manufacturing steel pipes and shuttering profiles.


Then in 2005, Star Cement Udyog began trading. Capitalising on the burgeoning development of the construction industry across the nation, Keyal Group’s diverse businesses were at the forefront of the boom in construction across the country.

When Satyanarayan Keyal, our current chairman, joined the family business in 1986, he also made the bold step of expanding interests into the manufacturing sector. This was a significant shift in operations as our business grew from strength to strength.

In recent years, the group has expanded its portfolio further into a broad range of other trading sectors such as food grains, pharmaceuticals, surgical products, consumer electronics and a variety of hardware accessories and tools.