<P> The film was produced and presented by Shah Rukh's wife Gauri Khan under the banner Red Chillies Entertainment on a budget of ₹ 400 million . Farah conceived Om Shanti Om while directing the musical Bombay Dreams (2002), which was based on the Indian film industry . After Shah Rukh rejected the first version of Happy New Year, she was reminded of Om Shanti Om; the film's title derives from a similar titled song from the 1980 film Karz . The soundtrack album was composed by Vishal--Shekhar, with lyrics written by Javed Akhtar . The background score was composed by Sandeep Chowta . The album received positive reviews and was also commercially successful, becoming the highest - selling album of the year in India . </P> <P> Released on 9 November 2007, Om Shanti Om earned over ₹ 1.49 billion worldwide, becoming the highest - grossing Indian film at the time, both in India and overseas territories . It received positive reviews from critics, with praise directed to the performances and the film's narrative . The film won several awards in major Indian film award ceremonies . At 53rd Filmfare Awards, it received 12 nominations, winning for Best Female Debut and Best Special Effects, and also won the National Film Award for Best Production Design . </P> <P> Om Prakash Makhija, a junior artist in 1970s Hindi cinema, in love with film superstar Shantipriya . One evening, Om attends the premiere of Shanti's film, and envisions himself as the lead actor, Manoj Kumar . Om and his friend Pappu take on numerous small acting roles as extras, and one night, a drunk Om describes his fantasy of one day winning a Filmfare Award for Best Actor . At the shooting of a film, Om rescues Shanti after a fire grows out of control, and they become friends . Om tries to romance her . </P> <P> Om overhears a conversation between Shanti and film producer Mukesh Mehra . The pair have recently married in secret, and Shanti reveals that she is pregnant with his child . Mukesh seems overjoyed and asks Shanti to meet him at the set of their upcoming film Om Shanti Om . Mukesh promises to cancel the film, reveal their marriage to the public, and have a grand wedding on the set . However, revealing his true colours, he tells Shanti that their relationship and child will ruin his career and sets the backdrop on fire . </P>

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