Mahindra & Mahindra lot size and F&O contract details
Contract facts for Mahindra & Mahindra Limited futures and options on NSE: lot size, expiry dates and settlement.
Lot size by expiry month
| Contract month | Lot size |
|---|---|
| Nov 2026 | 200 |
| Dec 2026 | 200 |
| Jan 2027 | 200 |
As of 2026-11-02. Source: NSE market lots file (fo_mktlots.csv)
Upcoming expiries
- Mon, 23 Nov, 2026Holiday: moved from Tue, 24 Nov, 2026
- Tue, 29 Dec, 2026
- Tue, 26 Jan, 2027
Monthly contracts, last Tuesday of the month. Full expiry calendar
Value of one lot
Enter a price from your broker to see the size of one M&M contract in rupees.
- Contract value of 1 lot
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- Premium for 1 lot
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Contract value = price × lot size (200). Premium for a lot = premium per share × 200.
How M&M F&O contracts work
- One contract is one lot of 200 shares; premiums are quoted per share.
- Options are European-style: they can only be exercised at expiry.
- Physical settlement: futures and in-the-money options held to expiry end in delivery of shares, and brokers raise margins in the expiry week.
- Charges apply as for index options; STT on exercised options is charged on the settlement value.
Read more: physical settlement of stock options, covered call, protective put.
Frequently asked questions
What is the lot size of Mahindra & Mahindra?
200 shares per lot for the Nov 2026 contracts on NSE.
When do Mahindra & Mahindra options expire?
Stock futures and options on NSE are monthly and expire on the last Tuesday of the month, or the trading day before if that Tuesday is a holiday. The next expiry is Mon, 23 Nov, 2026.
Are Mahindra & Mahindra options cash-settled or physically settled?
Physically settled. Stock futures and in-the-money stock options held to expiry are settled by delivery of shares, so you must be able to pay for or deliver the full lot.
How do I calculate the contract value of Mahindra & Mahindra futures?
Multiply the share price by the lot size of 200. Use the calculator on this page with a price from your broker.