As part of its periodic review, NSE will be revising the lot size of 37 stock F&O contracts with effect from October 28, 2022. You can check the announcement from the exchange here.
The lot size for 10 securities will be revised downwards from November 2022 and later expires. Below is the list of securities:
| Sr No | Underlying | Symbol | Present Market Lot | Revised Market Lot |
|---|---|---|---|---|
| 1 | ADANI ENTERPRISES LIMITED | ADANIENT | 500 | 250 |
| 2 | ADANI PORTS AND SPECIAL ECONOMIC ZONE LIMITED | ADANIPORTS | 1250 | 625 |
| 3 | BHARAT ELECTRONICS LIMITED | BEL | 11400 | 5700 |
| 4 | EICHER MOTORS LIMITED | EICHERMOT | 350 | 175 |
| 5 | ESCORTS KUBOTA LIMITED | ESCORTS | 550 | 275 |
| 6 | THE FEDERAL BANK LIMITED | FEDERALBNK | 10000 | 5000 |
| 7 | INDUSIND BANK LIMITED | INDUSINDBK | 900 | 450 |
| 8 | ITC LIMITED | ITC | 3200 | 1600 |
| 9 | TATA CHEMICALS LIMITED | TATACHEM | 1000 | 500 |
| 10 | TVS MOTOR COMPANY LIMITED | TVSMOTOR | 1400 | 700 |
The lot size for 22 securities has been revised upwards from January 2023 and later expiries. The lot size for November 2022, and December 2022 expiries will continue to trade with the existing lot size. Below is the list of securities:
| Sr No | Underlying | Symbol | Present Market Lot | Revised Market Lot |
|---|---|---|---|---|
| 1 | BIRLASOFT LIMITED | BSOFT | 1300 | 2000 |
| 2 | DELTA CORP LIMITED | DELTACORP | 2300 | 2800 |
| 3 | GLENMARK PHARMACEUTICALS LIMITED | GLENMARK | 1150 | 1450 |
| 4 | GODREJ PROPERTIES LIMITED | GODREJPROP | 325 | 425 |
| 5 | HINDALCO INDUSTRIES LIMITED | HINDALCO | 1075 | 1400 |
| 6 | HINDUSTAN COPPER LIMITED | HINDCOPPER | 4300 | 4800 |
| 7 | INFOSYS LIMITED | INFY | 300 | 400 |
| 8 | INTELLECT DESIGN ARENA LIMITED | INTELLECT | 750 | 1000 |
| 9 | LAURUS LABS LIMITED | LAURUSLABS | 900 | 1100 |
| 10 | METROPOLIS HEALTHCARE LIMITED | METROPOLIS | 300 | 400 |
| 11 | MPHASIS LIMITED | MPHASIS | 175 | 275 |
| 12 | MUTHOOT FINANCE LIMITED | MUTHOOTFIN | 375 | 550 |
| 13 | NATIONAL ALUMINIUM COMPANY LIMITED | NATIONALUM | 4250 | 7500 |
| 14 | NMDC LIMITED | NMDC | 3350 | 4500 |
| 15 | PIRAMAL ENTERPRISES LIMITED | PEL | 275 | 550 |
| 16 | PERSISTENT SYSTEMS LIMITED | PERSISTENT | 150 | 175 |
| 17 | STEEL AUTHORITY OF INDIA LIMITED | SAIL | 6000 | 8000 |
| 18 | TATA STEEL LIMITED | TATASTEEL | 4250 | 5500 |
| 19 | TATA CONSULTANCY SERVICES LIMITED | TCS | 150 | 175 |
| 20 | VEDANTA LIMITED | VEDL | 1550 | 2000 |
| 21 | VOLTAS LIMITED | VOLTAS | 500 | 600 |
| 22 | WIPRO LIMITED | WIPRO | 1000 | 1500 |
The lot size for 5 securities has been revised downwards, but not in multiples of the old lot size. This will be applicable for January 2023 and later expires. The lot size for November 2022, and December 2022 expiries will continue to trade with the existing lot size. Below is the list of securities:
| Sr No | Underlying | Symbol | Present Market Lot | Revised Market Lot |
|---|---|---|---|---|
| 1 | HINDUSTAN AERONAUTICS LIMITED | HAL | 475 | 300 |
| 2 | ICICI BANK LIMITED | ICICIBANK | 1375 | 700 |
| 3 | THE INDIAN HOTELS COMPANY LIMITED | INDHOTEL | 4022 | 2000 |
| 4 | NAVIN FLUORINE INTERNATIONAL LIMITED | NAVINFLUOR | 225 | 150 |
| 5 | TRENT LIMITED | TRENT | 725 | 400 |
The lot size for 157 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 scrip is beyond this range, there is an upward or downward revision in lot size.