Before October 2017, the categorisation of companies into large cap, mid cap, and small cap was not clearly defined by SEBI. However, on October 6, 2017, SEBI issued guidelines (WEB) that established these categories based on a company's total market capitalisation (market cap).

Market cap is the market value of the outstanding shares of a company, i.e., the market value of all the shares that are held by the company’s shareholders. Market cap is calculated by multiplying the total number of outstanding shares by the market price of each share.  For example, if a company has 5,00,000 shares trading at ₹500 each, its market cap is ₹25 crores (5,00,000 shares x ₹500).

Companies are categorised as large, mid, or small cap in order of ranking based on their total market cap, as shown below:

To identify a large cap, mid cap or small cap company on Kite, follow these steps:

Kite app

1. Tap on the stock.
2. Scroll down and tap on Fundamentals.
   

The type of company is mentioned beside the company name.

Kite web

1. Hover over the stock and click on ⋯
2. Click on Fundamentals.
   

The type of company is mentioned beside the company name.

To know company rankings based on their market cap, visit amfiindia.com/research-information/other-data/categorization-of-stocks. The list is updated every six months using data from the end of June and December of each year.

To know company rankings based on their market cap on a day to day basis, visit tickertape.in/screener/equity?allscreen=true.