SHIVAAY is an emotional action thriller that touches upon the relationship between a father and his daughter and the extent to which he goes for her. The film starts off with the fearless daredevil Shivaay (Ajay Devgn) helping the Indian Army in an assignment amidst the snow-clad mountains and dangerous terrains. This is followed by him leading a group of enthusiastic mountaineers to an expedition. On this expedition, he meets Olga Paramski (Erika Kaar). Gradually, they both fall in love and have a love child Gaura (Abigail Eames). After the birth of Gaura (who is mute by birth), Olga leaves both, Shivaay and Gaura, in order to live her life in her home country Bulgaria.
Post that, Shivaay looks after Gaura as a single parent and tells her that her mother is dead. But, one day, when Gaura discovers the truth about her mother, she gets very angry at Shivaay for lying to her. In order to pacify her, Shivaay takes Gaura to Bulgaria to meet her mother Olga. It is here that Gaura gets kidnapped by unknown human traffickers. Thereafter starts Shivaay’s search for his daughter Gaura. He is helped by Anushka (Sayyeshaa), Wahab (Vir Das) and Sharma (Saurabh Shukla). Does Shivaay manage to trace Gaura as well as Olga in the unknown country of Bulgaria, what are the obstacles that he faces while searching Olga and Gaura, what role does Anushka play in Shivaay’s life is what forms the rest of the film.