Preyasi is dubbed version of tamil movie Guru En Aalu and the story revolves around three characters - Madhavan, Mamta Mohandas and Abbas.
Madhavan is a result-oriented young man, passionately dedicated to achieving his goal in life. In addition to his qualifications, skills and attitude, Madhavan wants to apply his extra smartness to grab a favourable opportunity to settle in life. Modern Miss Mamta Mohandas too is ambitious, focussed and full of vim and vigour. Mamta too is ready to put in a bit of her charm and skills to move up the corporate ladder. Both embark upon a job hunt.
Predictably, both these likeminded individuals meet. When, where and with what result? Both get jobs in a prominent company and begin to like others company. Soon, their fledgling romance gets interrupted. Abbas, the MD of the company has a clandestine weakness for pretty women and soon falls for gorgeous Mamta. Mamta, who was initially reluctant, subsequently accepts his advances, calculating the prospective benefits.