The story of Premi No. 1 revolves round Rohit (Anuvab Mohanty). He was sent to town by his father for higher studies; in college he falls in love with Preiti (Koel Mallick), the sister of the town's famous goon, Ranjit (Rahul Dev). A rivalry grows between Rohit and Ranjit — after several incidents ultimately Ranjit allows his sister to marry Rohit.
"E Sara Duniare Khiojile Paiba Nahin Mo Pari Premi" — Kumar Bapi & Tapu
"Emiti Jhia Ku Mun Karichi Mo Priya" — Kumar Bapi
"To Naan Re Mun Gote Geeta Lekhichi" — T. Souri & Tapu Mishra
"Tu Nahin Kichi Mate Bhala Lagu Nahin O My Love" — Udit Narayan & Ira Mohanty