Vijay is an unsuccessful, idealistic Urdu poet in Calcutta whose works are not taken seriously by publishers.[8] They condemn Vijay for writing on social problems such as unemployment and poverty, rather than those on conventional romantic topics. His brothers also dislike his occupation, trying to sell his poems as waste paper. Unable to bear their taunting, he stays away from home and also comes upon the poems his brother has sold.

Around this time, Vijay encounters a prostitute named Gulabo, who buys and is enamoured with his works and, consequently, falls for him. His former girlfriend Meena has married the publisher Ghosh for financial security. Ghosh hires him as a servant to find out more about him and Meena. A dead beggar to whom Vijay gave his coat and whom he tries to save unsuccessfully from the path of a running train is mistaken for Vijay. Gulabo goes to Ghosh and gets his poems published. Ghosh does so feeling he can exploit the poems and make a killing. The poems are very successful. However, Vijay is alive and in the hospital after the train mishap.

Ghosh and Shyam, Vijay's close friend, refuse to recognise him and he is committed to a mental asylum since he insists that he is Vijay and is thought to be mad. Vijay's brothers too are bought off by Ghosh not to recognise him and a memorial is held for the dead poet. Vijay, with the help of his friend Abdul Sattar escapes from the mental asylum and reaches the memorial service, where he denounces this corrupt and materialistic world. Seeing that Vijay is alive, his friend and brothers side with a rival publisher for more money and declare that this is Vijay. At a function to honour him, Vijay becomes sick of all the hypocrisy in the world around him and declares he is not Vijay. He then leaves with Gulabo to start a new life.