Micromax’s sub-brand Yu has been lying dormant ever since it launched Yu Yureka 2 in September last year. And now, the company is finally breaking its state of silence and gearing to launch a new smartphone in India on August 30.The news comes as the company shared a series of posters from its official handle hinting towards a possible launch. While not much is know about the Yu’s upcoming phone at the moment, from what we know so far, the phone will be called Yu Ace.One of the cryptic posters shared by the company on its official Twitter handle shows two battery-shaped hour glasses with the “F(ACE) OFF!” written above it. This could indicate that the Yu Ace packs a bigger battery. For reference, Yu Yureka 2 came with a 3,930mAh battery.The leaked renders of Yu Ace indicate that the phone could sport “Full-screen” display with a screen aspect-ratio of 18:9 and thin bezels. The leaked images show the absence of notch, which is a refreshing break from the smartphones launched this year.Reports indicate that Yu Ace could sport a 6-inch full HD display with a rear-mounted fingerprint scanner. It is expected to feature a dual-rear camera setup along with 4GB RAM and 64GB internal memory. Besides this, the phone could come with Android 8.1 Oreo and be priced around Rs 15,000.Micromax’s sub-brand, Yu, was launched in India back in 2014. The first phone that the company released under its branding was Yu Yureka, which was followed by the launch of Yu Yureka 2 last year. At the time of launch, Yu Yureka 2 was exclusively available on Flipkart.advertisementALSO READ: Micromax sub-brand Yu teases a new phone in India, will launch on Aug 30As far as Yu Yureka is concerned, it features a 5.5-inch full-HD IPS display. It is powered by octa-core Qualcomm Snapdragon 625 processor and runs on Android 6.0 Marshmallow. The phone comes with 4GB RAM and 64GB internal storage which can be expanded up to 128GB via a microSD. The phone sports a 16MP camera at the back with dual LED flash and an 8MP front-facing camera and it is priced at Rs 11,999.