Bombay Talkies produced two films in 1937, Jeevan Prabhat and Prem Kahani. This is also Bombay Talkies' eighth film since the studio was founded in 1934.
Khorshed Minocher-Homji aka Saraswati Devi, one of the few female composers of Hindi cinema, composed music for this film.
Writer Niranjan Pal's original title for the English-language story and screenplay was 'Touchstone' or 'Marriage Market', indicating a shorthand version of the film's theme. The verse that Pal uses as a mood reference for one of the songs in the film is from Arthur Ryder’s 1912 translation of Kalidasa’s Kumarasambhava or The Birth of the War-God.