Ikkayude Shakadam is a film "of, for and by" the fans of Megastar Mammootty. An experimental fantasy-comedy, the movie is a heartfelt tribute one of the finest actors in Indian cinema, and is directed by Prince Avaraachan.
Two months have passed since the three youngsters have gone missing. One of whom is a designated candidate in the upcoming election. Circle Inspector Srikanth Sharma aided by constable Aby Mathew is in a last-ditch effort to solve the mystery.
Kanya and Gowri, two old best friends-turned-rivals, reunited at the 25th anniversary of their dance school in Kerala for a performance. As they prepare for their performance, their past memories, nostalgia and conflicts collide.