Revision in Lot Size of Stock F&O Contracts From July 2023 Expiry
The National Stock Exchange, better known as NSE, is set to revise the lot size of Futures and Options (F&O) contracts on 33 stocks with effect from 28th April 2023.
The Securities and Exchange Board of India (SEBI) has stipulated that the contract value of all Futures and Options contracts remain between 5-10 Lakhs.
In the periodic review that takes place every 6 months, in case the contract value of the scrip is beyond this range, there will be a downward or upward lot size revision.
Upward Revision in Lot Size of Stock F&O Contracts
Listed below are the 30 securities, the lot size of which will undergo an upward revision from July 2023 and later expiry.
|
Underlying |
Symbol |
Present Market Lot |
Revised Market Lot |
|
Aarti Industries Limited |
AARTIIND |
850 |
1000 |
|
ACC Limited |
ACC |
250 |
300 |
|
Adani Enterprises Limited |
ADANIENT |
250 |
300 |
|
Adani Ports and Special Economic Zone Limited |
ADANIPORTS |
625 |
800 |
|
Aurobindo Pharma Limited |
AUROPHARMA |
1000 |
1100 |
|
Bandhan Bank Limited |
BANDHANBNK |
1800 |
2500 |
|
Bata India Limited |
BATAINDIA |
275 |
375 |
|
Biocon Limited |
BIOCON |
2300 |
2500 |
|
Chambal Fertilizers & Chemicals Limited |
CHAMBLFERT |
1500 |
1900 |
|
Crompton Greaves Consumer Electricals Limited |
CROMPTON |
1500 |
1800 |
|
Deepak Nitrite Limited |
DEEPAKNTR |
250 |
300 |
|
Divi’s Laboratories Limited |
DIVISLAB |
150 |
200 |
|
Dixon Technologies (India) Limited |
DIXON |
125 |
200 |
|
Godrej Properties Limited |
GODREJPROP |
425 |
475 |
|
Hindustan Copper Limited |
HINDCOPPER |
4800 |
5300 |
|
Indiabulls Housing Finance Limited |
IBULHSGFIN |
4000 |
5100 |
|
ICICI Lombard General Insurance Company Limited |
ICICIGI |
425 |
500 |
|
Vodafone Idea Limited |
IDEA |
70000 |
80000 |
|
IndusInd Bank Limited |
INDUSINDBK |
450 |
500 |
|
Indus Towers Limited |
INDUSTOWER |
2800 |
3400 |
|
Intellect Design Arena Limited |
INTELLECT |
1000 |
1300 |
|
Dr Lal Path Labs Ltd. |
LALPATHLAB |
250 |
300 |
|
Laurus Labs Limited |
LAURUSLABS |
1100 |
1700 |
|
United Spirits Limited |
MCDOWELL-N |
625 |
700 |
|
Max Financial Services Limited |
MFSL |
650 |
800 |
|
Samvardhana Motherson International Limited |
MOTHERSON |
6750 |
7100 |
|
Info Edge (India) Limited |
NAUKRI |
125 |
150 |
|
Piramal Enterprises Limited |
PEL |
550 |
750 |
|
Tata Chemicals Limited |
TATACHEM |
500 |
550 |
|
Whirlpool of India Limited |
WHIRLPOOL |
350 |
400 |
Companies | Type | Bidding Dates | |
| Regular | Closes 22 Nov | ||
| SME | Closes 26 Nov | ||
| SME | Closes 26 Nov | ||
| Regular | Closes 26 Nov | ||
| SME | Opens 25 Nov |
Downward Revision in Lot Size of Stock F&O Contracts
For the following 3 securities, the lot size has been revised downwards. Note this downward revision is not in multiples of the old lot size.
It will be applicable from July 2023 and later expiry.
|
Underlying |
Symbol |
Present Market Lot |
Revised Market Lot |
|
Apollo Tyres Limited |
APOLLOTYRE |
3500 |
1700 |
|
Axis Bank Limited |
AXISBANK |
1200 |
625 |
|
NTPC Limited |
NTPC |
5700 |
3000 |
It is important to note that the lot size for 156 securities will stay unchanged.
Why are Lot Sizes Revised?
The Securities and Exchange Board of India, the governing body and regulator of the stock market, amend and revise the lot sizes periodically. It initiates so when there is a radical change in the value of a share, resulting in a remarkable divergence with lot values.