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LOHA LAKSHMI REPORT CARD

Loha-Laxmi-page_About-this-Initiative

About this Initiative

Using of SRMB TMT Bars leads to incredible value wise savings in terms of extended length of rebars per metric ton. SRMB SRIJAN PVT. LTD is producing TMT bars with guaranteed negative rolling margin with the help of installed Block Mill at manufacturing facility. The guaranteed negative rolling margin of produced TMT Bars are laid down within BIS Standard’s requirements of Mass per Meter. The guaranteed negative rolling margin of SRMB TMT bars are as follows:

1. For 8mm & 10mm dia it is -3%
2. For 12mm-16mm dia it is - 2%
3. For 20mm – 32mm dia it is - 1%

The equivalent amount of the extra weight may be credited in form of value wise credit note to the customer after joint inspection of the supplied material at the site by SRMB.

For your ready reference, given below is a sample cost-benefit chart against the purchase of SRMB TMT Bars:

Sr.noItemSizeQuantity Unit (Hypothetical)Ex-factory Price (Rs./ MT) (Hypothetical)Guaranteed negative rolling marginSavings (Rs/MT)Total Savings (Rs.)
1TMT Bars Fe-500D8 mm22 MT450003%135029,700
2TMT Bars Fe-500D10 mm11 MT445003%133514,685
3TMT Bars Fe-500D12 mm16 MT440002%88014,080
4TMT Bars Fe-500D16 mm12 MT440002%88010,560
5TMT Bars Fe-500D20 mm3 MT445001%4451,335

Loha Lakshmi : A Sample Report Card

Once the materials are supplied to any client’s site, SRMB deputes its technical staff to measure the weight of the supplied TMT bars’ section-wise in the presence of the client’s representative. An Official Report Card is submitted on a monthly basis to the project customers with detailed calculation of the savings due to negative rolling margin. This monthly savings report is called Loha Lakshmi Report Card. This is a first-of-its-kind initiative in the steel industry by SRMB.

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CASE SAMPLES

Ambuja Realty Development Ltd

Larsen & Toubro

Chakraborty

GHSPL MLD Super Speciality Healthcare LLP

DMP Nirman Pvt.

Mackintosh Burn Limited

Akash Vanijaya pvt. ltd.

Ghosal Enterprise

Natural Projects pvt. ltd.

B R Construction

DTC Project Private Limited

Elita Garden Vista Project Private Limited

Krishna Multi Structure

M Co

New India Const

Pheonix

P S Group

P S Srijan Estate LLP

S E Builders Realtors Ltd

Akshay Vinimoy LLP

BELANI NPR Projects LLP

Bengal Ambuja

Bengal Shriram Hitech city

Devaloke Developers

GBC Infrastructure Pvt. Ltd.

Joyville Shapoorji Housing Development

WIPL Limited