Many Paths. One Direction. Capability Takes Time.

HITAS is a privately owned company in Kathmandu, Nepal. Many paths of engineering work now lead in one direction: proprietary quantitative research and internal technology, a capability that takes time to build.

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About

Company Overview

HITAS is a research and technology company that combines practical engineering experience with data, computation, and quantitative research.

Its engineering background shapes how the company works: careful measurement, thorough testing, and clear documentation in every system it builds.

  • Leadership

    Founder & Managing Director

    Sets direction and oversees strategy, finance, and day-to-day management.

  • Team

    Engineering Team

    Designs, builds, and maintains the company's software, data, and research systems.

  • Operating model

    Proprietary, in-house development

    No external client services. Every system is built for the company's own work.

2018 – Present

Our Journey

2018 — 2024 Electrical Engineering & Factory Works 2024 — 2025 Infrastructure, Systems & Automation 2025 — Present Proprietary Technology & Quantitative Research HYDROPOWER TRANSMISSION TRANSFORMER TESTING INDUSTRIAL · SOLAR CMS · OCPP API SERVICE · PARTS VEHICLE SERVICE EV CHARGING MARKET DATA OPTION CHAIN GAMMA EXPOSURE DATA PIPELINE Γ · OI · S²

2018 – 2024Electrical Engineering & Factory Works

2018 – 2025 · What we built

Engineering Domains & Software Systems

From 2018 to 2025, HITAS built engineering software and industrial data systems through its field work, as a partner and subcontractor to companies from China, India, and Europe. These services are no longer offered.

Electrical Assets

  • Installation & Commissioning
  • Repair & Maintenance
  • SCADA & Control Systems
PostgreSQL React Next.js

Testing & Diagnostics

  • Transformer Testing
  • Oil & BDV Testing
  • Winding & Insulation
  • Site Inspection
Python FastAPI Pandas NumPy SQLite

EV Systems

  • Service Center
  • Charger Repair
  • Vehicle Diagnostics
  • Spare Parts
Node.js TypeScript PHP MySQL Redis

Industrial Projects

  • Construction Sites
  • Factory Works
  • Condition Monitoring
  • Reporting & DPR
MQTT Docker Linux Nginx
Partner network Partner and subcontractor to companies from three regions
  • China
  • India
  • Europe
Since 2025

Current Direction

HITAS no longer takes on client work. Every project now serves one aim: understanding derivatives markets through data, and building the engineering behind that work.

  1. 01

    Derivatives Research

    How positioning in options relates to the way prices move.

    • Open interest
    • Gamma
    • Volatility
  2. 02

    Market Data

    Capturing live and historical prices, then keeping every record accurate and easy to query.

    • Option chains
    • Cleaning
    • History
  3. 03

    Models & Backtesting

    Ideas become explicit rules, tested on past data before they are trusted.

    • Rules
    • Backtests
    • Validation
  4. 04

    Infrastructure

    The servers, pipelines, and automation that keep everything running unattended.

    • APIs
    • Databases
    • Scheduling
Company facts

HITAS at a Glance

What is HITAS?

HITAS is a privately owned operating company based in Nepal, focused on proprietary quantitative research, financial market-data infrastructure, internal technology development, and applied engineering. Its registered name is Hardik Inter Trade And Suppliers Pvt. Ltd. (Company Reg. No. 204923/075/076).

Where is HITAS based?

HITAS is based in Kathmandu, Nepal. It was registered with the Office of the Company Registrar, Government of Nepal, in 2018.

What does HITAS do today?

Since 2025, HITAS has worked only on its own projects: research on derivatives and options markets, collection and storage of market data, testing of rule-based models on historical data, and the internal infrastructure that runs this work.

What is the background of HITAS?

From 2018 to 2024, HITAS carried out electrical engineering work, including installation, testing, repair, and maintenance of transformers, panels, cables, substations, solar, and transmission assets. From 2024 to 2025, it expanded into EV charging and vehicle service systems. Much of this work was done as a partner or subcontractor to companies from China, India, and Europe. These services are no longer offered.

Is HITAS the same company as Hardik Inter-Trade & Suppliers?

Yes. HITAS is the short name of Hardik Inter Trade And Suppliers Pvt. Ltd., which earlier appeared in listings as Hardik Inter-Trade & Suppliers P. Ltd. The company was previously based at New Baneshwor, Kathmandu, and Jwagal, Lalitpur, and used the websites hardikintertrade.com and hardik-group.com. It also worked through a related branch, Hardik Intertrade And Suppliers in Malpur, Gujarat, India. Today it is based at Ring Road, Kathmandu 44600, and its website is hitas.com.np.

Is HITAS a software agency?

No. HITAS does not develop software for clients, provide outsourcing, or offer training. Its software and data systems are built for its own research.

Does HITAS provide investment advice or trading services?

No. HITAS is not a broker, fund manager, hedge fund, investment adviser, or signal provider, and it does not trade on behalf of others. Its market research is proprietary and used only internally.

What technology does HITAS develop?

HITAS develops internal systems for collecting and cleaning market data, calculating options metrics such as open interest, gamma, and volatility, backtesting models, and running automated data pipelines. Its tools include Python, FastAPI, PostgreSQL, and Docker.