The movie, which is about a father and son love story, will see the two megastars sharing screen space after 27 years.
The 'Pink' star plays a 102-year-old man, father to a 75-year-old Rishi Kapoor.
Film critic Taran Adarsh took to Twitter to share the teaser as he wrote, "27 saal baad... Amitabh Bachchan and Rishi Kapoor - can't wait to see this jodi on screen again... From the director of #OMG... Teaser of Umesh Shukla's #102NotOut... 4 May 2018 release... #102NotOutTeaser link"
Amitabh Bachchan and Rishi Kapoor have previously worked together in movies like 'Amar Akbar Anthony', 'Kabhi Kabhie', 'Naseeb' and 'Coolie'.
'102 Not Out' is based on writer-director Saumya Joshi's successful Gujarati play by the same name.
Directed by Umesh Shukla, the film is set for release on May 4.
Watch the teaser below: