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Lot Size
In an IPO, investors must apply in multiples of a set number of shares, called a lot. In derivatives, each contract represents a fixed lot of the underlying asset.
Why It Matters
Lot size decides the minimum amount a small investor needs to participate.
In India
The 2026 Jio Platforms IPO had a lot size of 12 shares, about ₹13,400 at the top of the price band.
See it in the news
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