Swapner Feriwala is a modern-day fable set in an urban Indian milieu. It's a symbolic story of love and friendship, of youthfulness and obsession and the young generation's fight against religious bigotry. A godman appears in Turni's conservative household and wins the confidence of the house owner through his Tantra tricks. Turni meets two friends in Shome and Siddhartha, rationalists and magicians, who have devoted their lives to bust black-magic rackets. Shome is an enigma, who despite his rationalism feels that there is some ultimate magic somewhere in the world, which is eluded mankind. Well, will the exuberant three-some win their battle against the Tantra godman? And what lies ahead?