Micromax is likely to price Canvas Knight A350 somewhere close to Rs 20,000.

"Can redefine limits! Get ready to redefine the standards for performance! Stay tuned," Micromax wrote on its Twitter page, which hints towards the imminent launch of the handset.

It’s being said that the Canvas Knight A350 will be loaded with a 2 GHz MediaTek True Octa-core MT6592 mobile chipset and 2 GB RAM.

This latest Micromax product will sport a 5-inch IPS LCD display along with full HD resolution. It will feature a 16-megapixel camera on back and a 5-megapixel camera on front.

When it comes to design, the Canvas Knight A350 looks kind of similar to the Apple iPhone 4S.

The Canvas Knight A350, along with mere 7.3 mm thickness, has golden metallic appearing rim, which runs on the sides, looking similar  to that of the iPhone 4S.

The cell phone also has a speaker mesh a micro USB port with a microphone placed adjacent to it.

The device runs of Android 4.2.2 Jelly Bean and is powered with a 2350 mAh battery.

Micromax's octa-core handset Canvas Knight A350 will compete with the Intex Aqua Octa which comes with a 6-inch HD display, octa-core MediaTek MT6592, 2 GB RAM, 13 megapixel camera and 2300 mAh battery.