"The film is ready and we are planning to have the trailer launch in the first week on June. The film is set for a July 26 release," Saxena told.
This is not the first time that Saxena has wielded the megaphone for a bold film. In 2003, he wore the director's hat to make Bipasha Basu and John Abraham starrer erotic thriller "Jism".
If "Jism" was about a stormy affair between a Casonova lawyer and a married woman, "Nasha" is a passionate love story between an 18-year-old boy and a 25-year-old girl.
"Yes, it's a bold film, but it's basically a simple love story. It's a very different subject and Poonam has done a great job in the film," said Saxena.
For the role, Poonam, 22, apparently gave up her disciplined diet routine and gorged on junk food to gain weight.
The model made headlines during 2011 Cricket World Cup when she offered to go nude before Team India if they won the trophy.
"Nasha" has been produced by Aditya Bhatia.