S Mobility Limited pulled the wraps off another Stellar range smartphone, Stellar Pinnacle Mi-530, on Wednesday.

The Stellar Pinnacle Mi-530 is a budget dual-SIM android smartphone which will be available in the market starting from Thursday through Spice Hotspot stores and Saholic.com for ₹13,999. The handset sports a 5.3-inch qHD IPS display and runs on Android 4.0 operating system that's backed by a 1.2GHz dual-core processor. It also comes equipped with an 8-megapixel Auto-focus camera with Panorama and Face beautification features and a 5-megapixel auto focus camera on the front.

"We have invested heavily in the research and development of the Stellar Pinnacle Mi 530 to offer a superlative user experience and are confident that this premium product from Spice will set new standards in the industry," said T M Ramakrishnan, CEO Devices, S Mobility at the launch.

The smartphone packs features like USB OTG, Pop-up play, Flip to Mute, Intelligent Answer, Direct Call, Gesture Screen Lock, Hi Connect, Boot Acceleration and Power Saving Mode. On the connectivity front, it features WIFI, 3G/HSPA, Bluetooth 4.0 and GPS. The device packs a memory of 1GB RAM and 16GB internal storage which can be expanded up to 32GB via microSD support. It packs a 2550mAh Li-ion-Polymer battery which is expected to give talk-time of more than four hours.

Earlier this week, Spice had launched another smartphone, Stellar Nhance Mi-435, for ₹7,199.