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LOHA LAKSHMI REPORT CARD

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.no Item Size Quantity Unit (Hypothetical) Ex-factory Price
(Rs./ MT) (Hypothetical)
Guaranteed negative
rolling margin

Savings
(Rs/MT)

Total Savings (Rs.)
1 TMT Bars Fe-500D 8 mm 22 MT 45000 3% 1350 29,700
2 TMT Bars Fe-500D 10 mm 11 MT 44500 3% 1335 14,685
3 TMT Bars Fe-500D 12 mm 16 MT 44000 2% 880 14,080
4 TMT Bars Fe-500D 16 mm 12 MT 44000 2% 880 10,560
5 TMT Bars Fe-500D 20 mm 3 MT 44500 1% 445 1,335

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.

Case Samples

Ambuja Realty Development Ltd 

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Larsen & Toubro 

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Chakraborty

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GHSPL MLD Super Speciality Healthcare LLP

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DMP Nirman Pvt.

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Mackintosh Burn Limited

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Akash Vanijaya pvt. ltd.

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Ghosal Enterprise

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Natural Projects pvt. ltd.

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B R Construction

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DTC Project Private Limited

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Elita Garden Vista Project Private Limited

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Krishna Multi Structure

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M Co

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New India Const

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Pheonix

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P S Group

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P S Srijan Estate LLP

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S E Builders Realtors Ltd

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Akshay Vinimoy LLP

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BELANI NPR Projects LLP

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Bengal Ambuja

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Bengal Shriram Hitech city

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Devaloke Developers

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GBC Infrastructure Pvt. Ltd.

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Joyville Shapoorji Housing Development

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WIPL Limited

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