As part of its periodic review, NSE will be revising the lot size of derivative contracts on 33 stocks from April 28, 2023. You can check the announcement from the exchange here.
The lot size for 30 securities will be revised upwards from July 2023 and later expiry. The contracts with May 2023 and June 2023 expiries will continue to trade with the existing lot size.
List of stocks for which lot size is being revised upwards;
| Sr No | Underlying | Symbol | Present Market Lot | Revised Market Lot |
|---|---|---|---|---|
| 1 | AARTI INDUSTRIES LIMITED | AARTIIND | 850 | 1000 |
| 2 | ACC LIMITED | ACC | 250 | 300 |
| 3 | ADANI ENTERPRISES LIMITED | ADANIENT | 250 | 300 |
| 4 | ADANI PORTS AND SPECIAL ECONOMIC ZONE LIMITED | ADANIPORTS | 625 | 800 |
| 5 | AUROBINDO PHARMA LIMITED | AUROPHARMA | 1000 | 1100 |
| 6 | BANDHAN BANK LIMITED | BANDHANBNK | 1800 | 2500 |
| 7 | BATA INDIA LIMITED | BATAINDIA | 275 | 375 |
| 8 | BIOCON LIMITED | BIOCON | 2300 | 2500 |
| 9 | CHAMBAL FERTILIZERS & CHEMICALS LIMITED | CHAMBLFERT | 1500 | 1900 |
| 10 | CROMPTON GREAVES CONSUMER ELECTRICALS LIMITED | CROMPTON | 1500 | 1800 |
| 11 | DEEPAK NITRITE LIMITED | DEEPAKNTR | 250 | 300 |
| 12 | DIVI’S LABORATORIES LIMITED | DIVISLAB | 150 | 200 |
| 13 | DIXON TECHNOLOGIES (INDIA) LIMITED | DIXON | 125 | 200 |
| 14 | GODREJ PROPERTIES LIMITED | GODREJPROP | 425 | 475 |
| 15 | HINDUSTAN COPPER LIMITED | HINDCOPPER | 4800 | 5300 |
| 16 | INDIABULLS HOUSING FINANCE LIMITED | IBULHSGFIN | 4000 | 5100 |
| 17 | ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED | ICICIGI | 425 | 500 |
| 18 | VODAFONE IDEA LIMITED | IDEA | 70000 | 80000 |
| 19 | INDUSIND BANK LIMITED | INDUSINDBK | 450 | 500 |
| 20 | INDUS TOWERS LIMITED | INDUSTOWER | 2800 | 3400 |
| 21 | INTELLECT DESIGN ARENA LIMITED | INTELLECT | 1000 | 1300 |
| 22 | DR. LAL PATH LABS LTD. | LALPATHLAB | 250 | 300 |
| 23 | LAURUS LABS LIMITED | LAURUSLABS | 1100 | 1700 |
| 24 | UNITED SPIRITS LIMITED | MCDOWELL-N | 625 | 700 |
| 25 | MAX FINANCIAL SERVICES LIMITED | MFSL | 650 | 800 |
| 26 | SAMVARDHANA MOTHERSON INTERNATIONAL LIMITED | MOTHERSON | 6750 | 7100 |
| 27 | INFO EDGE (INDIA) LIMITED | NAUKRI | 125 | 150 |
| 28 | PIRAMAL ENTERPRISES LIMITED | PEL | 550 | 750 |
| 29 | TATA CHEMICALS LIMITED | TATACHEM | 500 | 550 |
| 30 | WHIRLPOOL OF INDIA LIMITED | WHIRLPOOL | 350 | 400 |
The lot size for 3 securities has been revised downwards, but not in multiples of the old lot size. This will be applicable from July 2023 and later expiry. The contracts with May 2023 and June 2023 expiries will continue to trade with the existing lot size.
List of stocks for which lot size is being revised downwards;
| Sr No | Underlying | Symbol | Present Market Lot | Revised Market Lot |
|---|---|---|---|---|
| 1 | APOLLO TYRES LIMITED | APOLLOTYRE | 3500 | 1700 |
| 2 | AXIS BANK LIMITED | AXISBANK | 1200 | 625 |
| 3 | NTPC LIMITED | NTPC | 5700 | 3000 |
The lot size for 156 securities will remain unchanged.
Why do exchanges revise the lot size?
SEBI mandates that the contract value of all F&O contracts remain between 5 to 10 Lakhs. In the periodic review (every 6 months), if the contract value of the scrip is beyond this range, there is an upward or downward revision in lot size.