As part of its periodic review, NSE will be revising the lot size of derivative contracts on 43 stocks from November 01, 2024. You can check the announcement from the exchange here
The lot size for 40 securities will be revised downwards starting from November 2024 and later expiries. The lot size for 3 securities will be revised downwards but with a new lot size that is not a multiple of the old lot size from January 2025 and later expiries.
List of stocks for which lot size is being revised downwards
| Sr No | Underlying | Symbol | Present Market Lot | Revised Market Lot |
|---|---|---|---|---|
| 1 | ADITYA BIRLA CAPITAL LTD. | ABCAPITAL | 5400 | 2700 |
| 2 | ASHOK LEYLAND LTD | ASHOKLEY | 5000 | 2500 |
| 3 | BRITANNIA INDUSTRIES LTD | BRITANNIA | 200 | 100 |
| 4 | CIPLA LTD | CIPLA | 650 | 325 |
| 5 | COAL INDIA LTD | COALINDIA | 2100 | 1050 |
| 6 | COFORGE LIMITED | COFORGE | 150 | 75 |
| 7 | COLGATE PALMOLIVE LTD. | COLPAL | 350 | 175 |
| 8 | COROMANDEL INTERNTL. LTD | COROMANDEL | 700 | 350 |
| 9 | CUMMINS INDIA LTD | CUMMINSIND | 300 | 150 |
| 10 | DIVI S LABORATORIES LTD | DIVISLAB | 200 | 100 |
| 11 | DIXON TECHNO (INDIA) LTD | DIXON | 100 | 50 |
| 12 | GMR AIRPORTS INFRA LTD | GMRINFRA | 11250 | 5625 |
| 13 | GRANULES INDIA LIMITED | GRANULES | 2000 | 1000 |
| 14 | HINDUSTAN AERONAUTICS LTD | HAL | 300 | 150 |
| 15 | ICICI LOMBARD GIC LIMITED | ICICIGI | 500 | 250 |
| 16 | ICICI PRU LIFE INS CO LTD | ICICIPRULI | 1500 | 750 |
| 17 | INTERGLOBE AVIATION LTD | INDIGO | 300 | 150 |
| 18 | INDUS TOWERS LIMITED | INDUSTOWER | 3400 | 1700 |
| 19 | DR. LAL PATH LABS LTD. | LALPATHLAB | 300 | 150 |
| 20 | MAHINDRA & MAHINDRA LTD | M&M | 350 | 175 |
| 21 | MULTI COMMODITY EXCHANGE | MCX | 200 | 100 |
| 22 | SAMVRDHNA MTHRSN INTL LTD | MOTHERSON | 7100 | 3550 |
| 23 | MUTHOOT FINANCE LIMITED | MUTHOOTFIN | 550 | 275 |
| 24 | INFO EDGE (I) LTD | NAUKRI | 150 | 75 |
| 25 | OBEROI REALTY LIMITED | OBEROIRLTY | 700 | 350 |
| 26 | ORACLE FIN SERV SOFT LTD. | OFSS | 100 | 50 |
| 27 | PERSISTENT SYSTEMS LTD | PERSISTENT | 200 | 100 |
| 28 | PETRONET LNG LIMITED | PETRONET | 3000 | 1500 |
| 29 | PI INDUSTRIES LTD | PIIND | 250 | 125 |
| 30 | POWER GRID CORP. LTD. | POWERGRID | 3600 | 1800 |
| 31 | REC LIMITED | RECLTD | 2000 | 1000 |
| 32 | SHRIRAM FINANCE LIMITED | SHRIRAMFIN | 300 | 150 |
| 33 | SIEMENS LTD | SIEMENS | 150 | 75 |
| 34 | SUN TV NETWORK LIMITED | SUNTV | 1500 | 750 |
| 35 | TATA COMMUNICATIONS LTD | TATACOMM | 500 | 250 |
| 36 | TRENT LTD | TRENT | 200 | 100 |
| 37 | ULTRATECH CEMENT LIMITED | ULTRACEMCO | 100 | 50 |
| 38 | UNITED SPIRITS LIMITED | UNITDSPR | 700 | 350 |
| 39 | VEDANTA LIMITED | VEDL | 2300 | 1150 |
| 40 | VOLTAS LTD | VOLTAS | 600 | 300 |
List of stocks for which lot size is being revised downwards but with a new lot size that is not a multiple of the old lot size
| Sr No | Underlying | Symbol | Present Market Lot | Revised Market Lot |
|---|---|---|---|---|
| 1 | ESCORTS KUBOTA LIMITED | ESCORTS | 275 | 150 |
| 2 | GAIL (INDIA) LTD | GAIL | 4575 | 2350 |
| 3 | GLENMARK PHARMACEUTICALS | GLENMARK | 725 | 325 |
The lot size for 137 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.