The lot size of 40 F&O contracts is being reduced from May 2021 expiry onwards. The date of revision in lot size is April 30th, 2021. Until April 29th, the May & June contracts will trade with the present lot size. The F&O contracts for April will continue to trade with the existing lot size till expiry.
You can check the list of stocks, their present market lot, and the revised market lot below:
| Sr No | Underlying | Symbol | Present Market Lot | Revised Market Lot |
|---|---|---|---|---|
| 1 | ADANI ENTERPRISES LIMITED | ADANIENT | 2000 | 1000 |
| 2 | ADANI PORTS AND SPECIAL ECONOMIC ZONE LIMITED | ADANIPORTS | 2500 | 1250 |
| 3 | APOLLO HOSPITALS ENTERPRISE LIMITED | APOLLOHOSP | 500 | 250 |
| 4 | APOLLO TYRES LIMITED | APOLLOTYRE | 5000 | 2500 |
| 5 | ASHOK LEYLAND LIMITED | ASHOKLEY | 9000 | 4500 |
| 6 | BAJAJ FINANCE LIMITED | BAJFINANCE | 250 | 125 |
| 7 | BHARAT ELECTRONICS LIMITED | BEL | 7600 | 3800 |
| 8 | BHARAT HEAVY ELECTRICALS LIMITED | BHEL | 21000 | 10500 |
| 9 | CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LIMITED | CHOLAFIN | 2500 | 1250 |
| 10 | CIPLA LIMITED | CIPLA | 1300 | 650 |
| 11 | COLGATE PALMOLIVE (INDIA) LIMITED | COLPAL | 700 | 350 |
| 12 | CUMMINS INDIA LIMITED | CUMMINSIND | 1200 | 600 |
| 13 | GRASIM INDUSTRIES LIMITED | GRASIM | 950 | 475 |
| 14 | HAVELLS INDIA LIMITED | HAVELLS | 1000 | 500 |
| 15 | HINDALCO INDUSTRIES LIMITED | HINDALCO | 4300 | 2150 |
| 16 | IDFC FIRST BANK LIMITED | IDFCFIRSTB | 19000 | 9500 |
| 17 | JINDAL STEEL & POWER LIMITED | JINDALSTEL | 5000 | 2500 |
| 18 | JSW STEEL LIMITED | JSWSTEEL | 2700 | 1350 |
| 19 | MAHINDRA & MAHINDRA LIMITED | M&M | 1400 | 700 |
| 20 | MAX FINANCIAL SERVICES LIMITED | MFSL | 1300 | 650 |
| 21 | MINDTREE LIMITED | MINDTREE | 800 | 400 |
| 22 | MOTHERSON SUMI SYSTEMS LIMITED | MOTHERSUMI | 7000 | 3500 |
| 23 | INFO EDGE (INDIA) LIMITED | NAUKRI | 250 | 125 |
| 24 | PIRAMAL ENTERPRISES LIMITED | PEL | 550 | 275 |
| 25 | STEEL AUTHORITY OF INDIA LIMITED | SAIL | 19000 | 9500 |
| 26 | STATE BANK OF INDIA | SBIN | 3000 | 1500 |
| 27 | SHREE CEMENT LIMITED | SHREECEM | 50 | 25 |
| 28 | SIEMENS LIMITED | SIEMENS | 550 | 275 |
| 29 | SHRIRAM TRANSPORT FINANCE COMPANY LIMITED | SRTRANSFIN | 800 | 400 |
| 30 | TATA CHEMICALS LIMITED | TATACHEM | 2000 | 1000 |
| 31 | TATA MOTORS LIMITED | TATAMOTORS | 5700 | 2850 |
| 32 | TATA POWER COMPANY LIMITED | TATAPOWER | 13500 | 6750 |
| 33 | TATA STEEL LIMITED | TATASTEEL | 1700 | 850 |
| 34 | TECH MAHINDRA LIMITED | TECHM | 1200 | 600 |
| 35 | TITAN COMPANY LIMITED | TITAN | 750 | 375 |
| 36 | TORRENT POWER LIMITED | TORNTPOWER | 3000 | 1500 |
| 37 | ULTRATECH CEMENT LIMITED | ULTRACEMCO | 200 | 100 |
| 38 | VEDANTA LIMITED | VEDL | 6200 | 3100 |
| 39 | VOLTAS LIMITED | VOLTAS | 1000 | 500 |
| 40 | WIPRO LIMITED | WIPRO | 3200 | 1600 |
The F&O contract lot size for the following two stocks will be revised from July 2021. The April, May & June contracts will continue to trade with the present market lot size.
| Sr No | Underlying | Symbol | Present Market Lot | Revised Market Lot |
|---|---|---|---|---|
| 1 | BAJAJ FINSERV LIMITED | BAJAJFINSV | 125 | 75 |
| 2 | COFORGE LIMITED | COFORGE | 375 | 200 |
There are 156 stock F&O contracts being traded presently and the lot size of the remaining 114 stock F&O contracts is not being revised. Check this exchange circular for details.
The lot size of Nifty F&O contracts is also going to be revised from July. Check here.
Some common FAQs:
What does downward revision (decrease in lot size) mean?
The lot size in which a contract trades is reduced. This reduction in lot size is usually done in such ratios that traders can easily rollover their positions or enter into calendar spreads if they want. If the revision in the contract is not a multiple of the lot size, the contract will not have calendar spreads for the revised month.
What does upward revision (increase in lot size) mean?
The lot size of F&O contracts can also be revised upwards. Here, new F&O contracts of a scrip have the increased lot size but the existing contracts are not affected. Calendar spreads for the revised month are not available in such cases.
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 a scrip is beyond this range, there is an upward or downward revision in lot size.