Popular indigenous smartphone-maker Micromax is reportedly launching a new smartphone on Monday.

Micromax has begun sending out invites to media houses for an event scheduled on 27 July. It has been learnt that Micromax CEO Vineet Taneja will host the event in New Delhi.

There is no word on what smartphone will be unveiling on Monday, but going by the company's teaser on Facebook, the device is said to offer smooth functioning during multi-tasking and it will be sold exclusively on Flipkart.

Just a few days ago, BGR India had got hold of a Micromax device photo, which showed brushed metallic chassis around the edges and also two speaker grills at the bottom's right and left corners with microUSB port at the centre.

Many believe that this very Micromax device might get unveiled on 27 July. There are no other details with regard to the mystery device and we will have to wait a few more hours to know what Micromax has in store on for us.

Read more: Lava to Unveil Google Android One 2.0 on 27 July; What we Know so Far

In a related development, Micromax rival Lava International is also hosting a launch event in New Delhi on the very same day. The Lava event is likely to take all lime-light out of Micromax programme because the former is said to be unveiling the eagerly awaited second generation Google Android One.