1: 43: Event concluded.

1: 42 PM: EMI Options avilable and Rs. 1000 cash back on SBI cards

1: 41 PM: Delivery for the device starts December 26, with limited stock currently available. Makers assure an upgrade to Yutopia 2.

  1:40: The Yutopia model is priced at Rs. 24,999
 
 

1:21PM: YU launches Around YU, an integrated plaform for the discovery of services. 

1:14PM: Yutopia comes with Little Bird headphones by House of Marley. Promises great sound with or without earphones. 

1:07PM: Yutopia comes with a 3,000mAh battery with Quick charge 2.0. The handset runs on Cyanogen OS12.1, complete with themes, AudioFX, Live Display, fast and secure browser and more. Yutopia will receive Android Marshmallow based CM13 as well. 

1:05PM: Yutopia has ultra low power consumption fingerprint scanner at the rear side of the device, which also works to take selfies with a single tap. 

1:02PM: Yutopia has a 21MP primary camera with Sony IMX230 sensor, PDAF, OIS and less than 0.2 seconds focus speed. Rahul shows sample images in different light conditions. There is no zoom reduction on the Yutopia camera, which means the pixels do not break at peak zoom. 

On the front side, there is an 8MP 86-degree wide angle lens. 

1:00PM: Yutopia also has OGS TP and Full lamination tech for the display. The display is protected by Corning Gorilla Glass. 

12:56PM: Sharp MD Mitsuyoshi Hayakawa takes the stage to explain about the display. Yutopia has 36million pixels with 565ppi, which is much higher than iPhone 6s series. Yutopia features a 5.2-inch 2K display with pure black touch panel. 

12:50PM: Yutopia is powered by Snapdragon 810 SoC, 4GB DR4 RAM, 32GB storage with microSD card support.

12:48: Sunil Lalvani, President Qualcomm India, takes over the stage to explain the processor inside Yutopia. 

12:48PM: Yutopia is just 7.2mm.

12:44PM: First look at Yutopia.

Yutopia first look
Yutopia first lookIBTImes India / Sami Khan
Yutopia
YutopiaIBTImes India / Sami Khan

12:40PM: YU partnered with the most powerful companies to build Yutopia. Companies such as Qualcomm for processor, Sony for camera, Cyanogen for OS and more.

12:35PM: CEO and founder of YU, Rahul Sharma takes the stage to welcome everyone. Also runs down the annual success they had. Yureka was the most searched phone on Google, Sharma says. 

12:30PM: The event begins.

12:28PM: The auditorium is setup and guests are seated. The event commences in a few minutes. 

12:12PM: The MotoGrapher aka Sundeep Gajjar, who we interviewed about his Yutopian journey, has arrived. YU founder and CEO Rahul Sharma has also reached the venue. The event will start any minute now.

12:02: The launch is expecting a slight delay and guests and media members continue to arrive. YU is setting up more banners to keep up Yutopia's anticipation.

11:45AM: YU has decorated the venue (Dusit D2) with banners and photos shot on Yutopia. One of the guests at the event witnessed Yutopia for a brief moment and described it to feature a metallic finish and premium look.The event is expected to begin at 12PM.

YU is hosting an event in New Delhi on Thursday to unveil the latest flagship smartphone, Yutopia, which has received a lot of hype in the recent days and weeks. Courtesy of YU's active efforts to promote Yutopia through social media, it is one of the hottest subjects of discussion in the smartphone world.

 

YU, Micromax's online subsidiary, is also expected to launch another device alongside Yutopia. But little is known about this other device.

As for the known specifications of Yutopia, through series of teasers by the company, the high-end flagship device is expected to feature a full metal body, 2K screen, large battery with Quick Charge technology, 32GB storage, 4GB RAM, Cyanogen OS 12.1. Most importantly, Yutopia is expected to be available without any flash sale.

In terms of rumours, Yutopia will feature a 5.2-inch screen, Qualcomm Snapdragon 810 64-bit processor, 21MP primary camera, 8MP front snapper and connectivity options including 4G LTE, Wi-Fi 802.11ac and Bluetooth 4.1.

We will be bringing you live coverage of the event directly from the venue. The Yutopia launch event begins at noon on 17 December, 2015. The company's founder and CEO Rahul Sharma will host the event. This is a developing story and latest updates will appear at the top as and when they happen.