Aabra Ka Daabra is fantasy movie in which Shanu Singh lives a middle-class lifestyle with his dad, Rahul, and mom, Shivani. Rahul is a magician and performs Houdini-like tricks. Once while being locked in a iron cask and thrown into the sea, he does not surface and everyone believes he is dead, leaving Shanu to become a waiter in Dilbaug's Dhaba, while Shivani becomes a governess to Pinky, who is the daughter of Sindhi businessman, Maneklal.
Shanu and Pinky wins Parle-G and Camlin Pencils contest and are enrolled in Aabra Ka Daabra - the school of magic, that was founded by Sage Adityanand, which is now run by a magician Rang Birangi, who has enormous magical powers. It is here that Shanu will find out about Rang Birangi's quest for Sanjeevani, a magic portion that will make her not only younger but also immortal, as well as her evil desire to rule the world, the whereabouts of his dad, and a deep dark secret that has been dormant for more than 200 years.