The trailer of Karan Johar's much-awaited directorial venture "Student Of The Year" will release on the festival of Rakhi Aug 2, said the filmmaker.

The 40-year-old took to Twitter to break the news, and wrote: "The first trailer of 'Student Of The Year' will be out on the 2nd of August."

"Have just one day left to complete 'Student Of The Year'. It's been an 11 month shoot journey with lots of fun and debut dynamics, " he added.

The movie, co-produced by superstar Shah Rukh Khan, will launch three new faces in tinsel town - model Siddharth Malhotra, filmmaker David Dhawan's son Varun and filmmaker Mahesh Bhatt's daughter Alia.

The film is said to be a youthful drama.