Shah Rukh Khan's most awaited release this year will finally unveil its first trailer on August 15.

'Happy New Year' directed by Farah Khan also stars Deepika Padukone, Abhishek Bachchan, Boman Irani, Sonu Sood and Vivaan Shah.

The trailer will be unveiled at a star-studded event in Mumbai. The event will be called Happy New Year presents 'Indiawaale', which is a sentiment inherited in the movie.

"Indiawaale sentiment is an integral element of the film hence on the eve of Independence Day, the first look of the film is being launched as a part of Indiawaale celebration," read an official statement.

"Unlike other trailer launches, there will be surprise performances based on the theme of Indiawaale and a huge digital campaign has been put in place to make sure that the trailer is seen by most of the audiences of Indian cinema across the globe," the statement read further.

Farah, who is ecstatic about the film says, "Happy New Year has been my dream project for a very long time and I am thrilled that Shah Rukh and I got back (together) after seven years to make it. The first look is all important these days and we have worked very hard to make ours exciting, entertaining and encompassing the spirit of our film."