Parineeta movie revolves around the lead characters, Lalita and Shekhar. Since childhood, Shekhar and Lalita have been friends and slowly this friendship blossoms into love. A series of misunderstandings surface and both of them are separated with the conniving schemes of Shekhar's father. The plot deepens with the arrival of Girish who supports Lalita's family. Eventually, Shekhar's love defies his father's greed and he seeks Lalita.