If one nifty contract is launched in market then how much one can buy lot. is their any limit?

I simply ask like in cash market i buy or sell only what a company has paidup capital. But how one can find how much option can be traded or contract can executed for quantity.?

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For an index based product there is no limit but a disclosure is required if the position exceeds 15% of the open interest of the market.

Check following link for further details

http://www.sebi.gov.in/faq/derivativesfaq.html

But there is a limit of 200 contracts in an order.

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Qty: = (200 Lots x 50 Lot Size) = 10,000 Max. Limit for FnO products.

(if I have understood your question correctly)