Revision in lot size of stock F&O contracts from November 2023 expiry

As part of its periodic review, NSE will be revising the lot size of Futures and Options contracts on 37 stocks with effect from October 27, 2023.


The lot size for F&O contracts on 32 stocks will be revised downwards from November 2023 monthly expiry and beyond

Sr No Underlying Symbol Present Market Lot Revised Market Lot
1 ABB INDIA LIMITED ABB 250 125
2 BAJAJ AUTO LIMITED BAJAJ-AUTO 250 125
3 BANK OF BARODA BANKBARODA 5850 2925
4 BHARAT FORGE LTD BHARATFORG 1000 500
5 BHEL BHEL 10500 5250
6 BIRLASOFT LIMITED BSOFT 2000 1000
7 CHOLAMANDALAM IN & FIN CO CHOLAFIN 1250 625
8 COAL INDIA LTD COALINDIA 4200 2100
9 CUMMINS INDIA LTD CUMMINSIND 600 300
10 DALMIA BHARAT LIMITED DALBHARAT 500 250
11 DIXON TECHNO (INDIA) LTD DIXON 200 100
12 GAIL (INDIA) LTD GAIL 9150 4575
13 GLENMARK PHARMACEUTICALS GLENMARK 1450 725
14 GMR AIRPORTS INFRA LTD GMRINFRA 22500 11250
15 GODREJ CONSUMER PRODUCTS GODREJCP 1000 500
16 HINDUSTAN AERONAUTICS LTD HAL 600 300
17 IDFC LIMITED IDFC 10000 5000
18 IDFC FIRST BANK LIMITED IDFCFIRSTB 15000 7500
19 JSW STEEL LIMITED JSWSTEEL 1350 675
20 L&T FINANCE HOLDINGS LTD L&TFH 8924 4462
21 MAHINDRA & MAHINDRA LTD M&M 700 350
22 M&M FIN. SERVICES LTD M&MFIN 4000 2000
23 MARUTI SUZUKI INDIA LTD. MARUTI 100 50
24 MRF LTD MRF 10 5
25 POWER FIN CORP LTD. PFC 7750 3875
26 PUNJAB NATIONAL BANK PNB 16000 8000
27 POLYCAB INDIA LIMITED POLYCAB 300 100
28 RBL BANK LIMITED RBLBANK 5000 2500
29 REC LIMITED RECLTD 8000 2000
30 SHRIRAM FINANCE LIMITED SHRIRAMFIN 600 300
31 TVS MOTOR COMPANY LTD TVSMOTOR 700 350
32 ZYDUS LIFESCIENCES LTD ZYDUSLIFE 1800 900

The lot size for F&O contracts on 2 stocks will be revised upwards from Jan 2024 monthly expiry and beyond

Sr No Underlying Symbol Present Market Lot Revised Market Lot
1 DELTA CORP LIMITED DELTACORP 2800 3000
2 VEDANTA LIMITED VEDL 2000 2300

The lot size for F&O contracts on 3 stocks has been revised downwards but is not in multiples of the old lot size from Jan 2024 monthly expiry and beyond

Sr No Underlying Symbol Present Market Lot Revised Market Lot
1 PERSISTENT SYSTEMS LTD PERSISTENT 175 100
2 SIEMENS LTD SIEMENS 275 150
3 TITAN COMPANY LIMITED TITAN 375 175

The lot size for F&O contracts on 147 stocks will remain unchanged. You can check the announcement from the exchange here


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.

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