Lot size changes in F&O effective from 29th April
Last Updated: 11th December 2022 - 12:54 pm
The Securities & Exchange Board of India (SEBI) from time to time, modifies the lot sizes of various F&O contracts. Currently, trading in F&O is permitted in 4 indices and 199 stocks where the exchange offers the facility to trade in futures and in options. As per the latest circular issued on 31st March 2022, there are going to be a number of changes in the lot sizes applicable to futures and options contracts. Changes pertain to stock F&O contracts.
Methodology of lot size revisions in F&O
Here is the market lots for various stock derivative contracts have been modified.
Shift in Lot Sizes |
Total number of companies |
Effective date |
Lot size revised downward |
12 |
29th April (for May-22 and later expiries) |
Lot size revised upward |
52 |
29th April (for Jul-22 and later expiries) |
Lot size revised down but not exact multiples |
2 |
29th April (for Jul-22 and later expiries) |
No change in lot size |
133 |
Not applicable |
Total Stocks in F&O |
199 companies |
|
Data Source: NSE
Here are some important points to be noted about this revision.
1. The circular shall be effective from 29th April 2022, which will be the first day of the May 2022 contract i.e. the day after April contract expiry.
2. In the case of lot sizes being revised downward in multiples of the old lot size, the revisions in lot size will be effective from the May-22 contract itself.
3. However, in the case where the lot sizes are being revised upwards, or where they are revised downward (but not in exact multiples), only the far month contracts i.e. Jul-22 contracts will be modified in terms of lot size. In both these cases, the May-22 and the Jun-22 contracts will continue to have the old lot sizes only.
4. For the purpose of the computation, the average of the closing price of the underlying has been considered for the one-month period i.e. 01st Mar 2022 to 31st Mar 2022.
Actual lot size revisions category-wise
Here is a list of stocks that will see lot size revisions classified category wise. Here is the list of 12 stocks where lot sizes have been revised downward as an exact multiple.
No |
Underlying |
Symbol |
Present Market Lot |
Revised Market Lot |
1 |
BANK OF BARODA |
BANKBARODA |
11700 |
5850 |
2 |
BATA INDIA LIMITED |
BATAINDIA |
550 |
275 |
3 |
CANARA BANK |
CANBK |
5400 |
2700 |
4 |
JINDAL STEEL & POWER LIMITED |
JINDALSTEL |
2500 |
1250 |
5 |
UNITED SPIRITS LIMITED |
MCDOWELL-N |
1250 |
625 |
6 |
NATIONAL ALUMINIUM COMPANY LIMITED |
NATIONALUM |
8500 |
4250 |
7 |
NMDC LIMITED |
NMDC |
6700 |
3350 |
8 |
OIL & NATURAL GAS CORPORATION LIMITED |
ONGC |
7700 |
3850 |
9 |
PAGE INDUSTRIES LIMITED |
PAGEIND |
30 |
15 |
10 |
TATA MOTORS LIMITED |
TATAMOTORS |
2850 |
1425 |
11 |
TATA POWER COMPANY LIMITED |
TATAPOWER |
6750 |
3375 |
12 |
VEDANTA LIMITED |
VEDL |
3100 |
1550 |
The following is a list of 52 stocks wherein the lot sizes have been revised upwards and these could be either in multiples of the old lost size or otherwise.
No |
Underlying |
Symbol |
Present Market Lot |
Revised Market Lot |
1 |
NESTLE INDIA LIMITED |
NESTLEIND |
25 |
40 |
2 |
ABBOTT INDIA LIMITED |
ABBOTINDIA |
25 |
40 |
3 |
COFORGE LIMITED |
COFORGE |
100 |
150 |
4 |
INDIAMART INTERMESH LIMITED |
INDIAMART |
75 |
150 |
5 |
DIVI'S LABORATORIES LIMITED |
DIVISLAB |
100 |
150 |
6 |
ORACLE FINANCIAL SERVICES SOFTWARE LIMITED |
OFSS |
125 |
200 |
7 |
ASIAN PAINTS LIMITED |
ASIANPAINT |
150 |
200 |
8 |
JUBILANT FOODWORKS LIMITED |
JUBLFOOD |
125 |
250 |
9 |
DR. LAL PATH LABS LTD. |
LALPATHLAB |
125 |
250 |
10 |
JK CEMENT LIMITED |
JKCEMENT |
175 |
250 |
11 |
HDFC ASSET MANAGEMENT COMPANY LIMITED |
HDFCAMC |
200 |
300 |
12 |
BALKRISHNA INDUSTRIES LIMITED |
BALKRISIND |
200 |
300 |
13 |
METROPOLIS HEALTHCARE LIMITED |
METROPOLIS |
200 |
300 |
14 |
INTERGLOBE AVIATION LIMITED |
INDIGO |
250 |
300 |
15 |
WHIRLPOOL OF INDIA LIMITED |
WHIRLPOOL |
250 |
350 |
16 |
DALMIA BHARAT LIMITED |
DALBHARAT |
250 |
500 |
17 |
UNITED BREWERIES LIMITED |
UBL |
350 |
400 |
18 |
MULTI COMMODITY EXCHANGE OF INDIA LIMITED |
MCX |
350 |
400 |
19 |
TATA COMMUNICATIONS LIMITED |
TATACOMM |
400 |
500 |
20 |
SHRIRAM TRANSPORT FINANCE COMPANY LIMITED |
SRTRANSFIN |
400 |
600 |
21 |
IPCA LABORATORIES LIMITED |
IPCALAB |
450 |
650 |
22 |
SBI CARDS AND PAYMENT SERVICES LIMITED |
SBICARD |
500 |
800 |
23 |
COROMANDEL INTERNATIONAL LIMITED |
COROMANDEL |
625 |
700 |
24 |
MAHANAGAR GAS LIMITED |
MGL |
600 |
800 |
25 |
TATA CONSUMER PRODUCTS LIMITED |
TATACONSUM |
675 |
900 |
26 |
GODREJ CONSUMER PRODUCTS LIMITED |
GODREJCP |
500 |
1000 |
27 |
BHARAT FORGE LIMITED |
BHARATFORG |
750 |
1000 |
28 |
AUROBINDO PHARMA LIMITED |
AUROPHARMA |
750 |
1000 |
29 |
CONTAINER CORPORATION OF INDIA LIMITED |
CONCOR |
800 |
1000 |
30 |
WIPRO LIMITED |
WIPRO |
800 |
1000 |
31 |
SYNGENE INTERNATIONAL LIMITED |
SYNGENE |
850 |
1000 |
32 |
MARICO LIMITED |
MARICO |
1000 |
1200 |
33 |
ICICI PRUDENTIAL LIFE INSURANCE |
ICICIPRULI |
750 |
1500 |
34 |
CROMPTON GREAVES CONSUMER |
CROMPTON |
1100 |
1500 |
35 |
ZYDUS LIFESCIENCES LIMITED |
ZYDUSLIFE |
1100 |
1800 |
36 |
STRIDES PHARMA SCIENCE LIMITED |
STAR |
900 |
1800 |
37 |
GRANULES INDIA LIMITED |
GRANULES |
1550 |
2000 |
38 |
AMBUJA CEMENTS LIMITED |
AMBUJACEM |
1500 |
1800 |
39 |
GUJARAT STATE PETRONET LIMITED |
GSPL |
1700 |
2500 |
40 |
RAIN INDUSTRIES LIMITED |
RAIN |
2500 |
3500 |
41 |
APOLLO TYRES LIMITED |
APOLLOTYRE |
2500 |
3500 |
42 |
INDIABULLS HOUSING FINANCE LIMITED |
IBULHSGFIN |
3100 |
4000 |
43 |
MOTHERSON SUMI SYSTEMS LIMITED |
MOTHERSUMI |
3500 |
4500 |
44 |
RBL BANK LIMITED |
RBLBANK |
2900 |
5000 |
45 |
FIRSTSOURCE SOLUTIONS LIMITED |
FSL |
2600 |
5200 |
46 |
CITY UNION BANK LIMITED |
CUB |
3400 |
5000 |
47 |
MANAPPURAM FINANCE LIMITED |
MANAPPURAM |
3000 |
6000 |
48 |
ASHOK LEYLAND LIMITED |
ASHOKLEY |
4500 |
5000 |
49 |
ADITYA BIRLA CAPITAL LIMITED |
ABCAPITAL |
4400 |
5400 |
50 |
STEEL AUTHORITY OF INDIA LIMITED |
SAIL |
4750 |
6000 |
51 |
IDFC FIRST BANK LIMITED |
IDFCFIRSTB |
11100 |
15000 |
52 |
NBCC (INDIA) LIMITED |
NBCC |
12000 |
15000 |
The following is a list of 2 stocks wherein the lot sizes have been revised downward but not in multiple of the old lot size.
Sr No |
Underlying |
Symbol |
Present Market Lot |
Revised Market Lot |
1 |
LARSEN & TOUBRO LIMITED |
LT |
575 |
300 |
2 |
POWER GRID CORPORATION OF INDIA LIMITED |
POWERGRID |
5333 |
2700 |
Apart from the above 3 lists, there are a total of 133 stocks where the lot sizes have not been altered. For the detailed list of the circular and the list of companies, you can download the NSE circular (Download Ref No: NSE/FAOP/51841) from NSE website.
Also Read:-
1. 5 Mantras for Trading in Options
- Flat ₹20 Brokerage
- Next-gen Trading
- Advance Charting
- Actionable Ideas
Trending on 5paisa
Disclaimer: Investment in securities market are subject to market risks, read all the related documents carefully before investing. For detailed disclaimer please Click here.