Built around a diamond type frame, the CB Unicorn 150 is powered by a 149cc single-cylinder engine, which delivers 13bhp and 13Nm of torque and comes mated to a five-speed transmission. The powertrain is a super refined package that has played a major role in the reputation and cult following earned by CB Unicorn.

The motorcycle rides on 18-inch five-spoke alloy wheels shod with MRF Zapper tyres. The front wheel gets a 240mm disc brake with a two-piston floating caliper while the rear wheel gets a 130mm drum setup. The motorcycle now comes equipped with single-channel ABS for the front brake. Suspension duties are handled by telescopic forks at the front and a mono shock in the rear with adjustment for damping.