A man finds a ring that gives the bearer great power but the goddess to whom the ring belongs wants it back.
Raju, a courageous and spirited young man is a caregiver to four young orphans, Shamili, Shalini, Richard and Rishi. He works as a local tour guide in a picturesque hill station. Complications arise when one of the children gets injured accidentally and, on suggestion of an ayurvedic guru, Raju sets out to the Himalayas to find a cure on the banks of the river Manasa Sarovar. However, in the parallel world, a celestial being Lord Indra's daughter Indraja happens to visit the Manasa Sarovar. She accidentally drops her ring, which is her key to enter Heaven. Raju finds this ring and wears it, unaware of its divine power. Because Indraja is unable to enter Heaven, Brihaspathi, the Deva-guru, allows her to go back to Earth to retrieve it before the next Kartik Poornima. Anxious that she's unaware how to live amongst people on Earth, Indraja decides to travel to Raju's hometown. But will she be able to get her ring back in time?
Raju, a courageous and spirited young man, is a caregiver to four young orphans. He is a tourist guide in a picturesque hill station. One of the children is accidentally injured. An ayurvedic guru suggests the only cure for the child's injury - herbs found only on the banks of Lake Manasarovar. Raju goes to the Himalayas to retrieve these powerful herbs. During the same time, a celestial being, Indraja, the daughter of Lord Indra, happens to visit Manasarovar. She accidentally drops her ring there. This ring is her passport to Heaven. Raju finds the ring and starts wearing it, oblivious to its divine power. Indraja is unable to enter Heaven as she lost her ring. Brihaspathi, the Deva-guru, instructs her to go back to Earth to retrieve it before the next Kartik Poornima.
In search of the ring, Indraja finds her way to Raju's hometown. Due to her strange language and lack of emotional and social awareness, she is initially considered insane. Her umpteen confessions about her divinity are subject to laughter. Raju and the children take pity on her and provide her shelter in their home. She becomes close to the children and often ends up in trouble trying to take the ring from Raju.
In the meanwhile, Raju is caught up in a moral squabble with KP, an arrogant millionaire. KP's goons launch a series of attacks on Raju and Indraja. Raju overcomes them, unaware that the ring is helping him. KP gets suspicious about Raju's supernatural power. KP approaches Mahadrashta, a sorcerer who sacrifices women to attain his powers. Mahadrashta discovers that Indraja is a celestial being and wants to sacrifice her to become immortal.
The kids take Indraja on a car ride one day, and the car loses control. Raju averts a major accident and blames and abandons Indraja. The youngest of the orphans is critically injured when Mahadrashta's men bomb the school. When everyone's asleep, Indraja puts on the divine ring and saves the child. Raju realizes Indraja's true self and repents for his folly. The two realize that they have fallen in love.
Raju uses the ring's power to scare K. P. and his goons. During this time, Mahadrashta tries to acquire it from one of the kids by hypnotizing her. A monkey grabs the ring and carries it far away, dropping it in the bowl of Kumkuma at the feet of a statue of Hanuman. Raju and the kids search for the ring in vain.
Mahadrashta and his men plant false evidence in Raju's home to fabricate the lie that Indraja is a sorceress. Raju and Indraja are pelted with stones, and Indraja is carried away by Mahadrashta. The kids discover the ring, and Raju sets out to save Indraja. A hypnotized Indraja does not recognize or respond to their calls. Upon coming in contact with the ring, she comes to her senses and destroys K. P. and his men. Raju kills Mahadrashta, refusing to use the ring, as he believes human power is enough to defeat evil.
The very same evening is Kartik Poornima, the final call for Indraja to return to heaven. Her thoughts are flooded with the loving memories of her time with Raju and the kids. She is caught between her love for Raju and her obligation to return to heaven to remain divine and immortal. Indraja throws away her ring and chooses to go back to Raju to lead a mortal life.