Shadow is a horror film that deliberately plays with cliches but ultimately has more. The story revolves around five friends who are studying together and plan to venture out to the forest where people are afraid to go. Though the people in the locality and the family members object to go to this haunted place, they courageously get into the forest and face many deadly situations.
Manu and Meenakshi are in love. Meenakshi was raped by R.K. Nair, the employer of Manu's father. Manu's father, to save his master, took the blame upon himself. Manu decides to deal with R.K. Nair.