Rajkumar is a tale about the two warring kingdoms of Thambore and Araavali. The story revolves around power, greed, dignity and control over the kingdom.Thambore's mahamantri's (Naseeruddin Shah) greed to become the ruler of Thambore and defeat and rule Aaravali leads to the killing of the Maharaj of Thambore. Araavali's Maharaj is blamed and executed for the same.The kingdoms then become arch rivals. The Rajkumar of Aaravali (Anil Kapoor) who has been imprisoned by the cruel and shrewd Mahamantri escapes with a friend to reclaim his kingdom from the oppression of the Mahamantri.In the bargain the Rajkumar falls for the beautiful Rajkumari of Thambore (Madhuri Dixit). Is the Rajkumar able to reclaim Aaravali and avenge his father's death? Can he bring back the honour and dignity to Rani ma (Reena Roy). Is he successful in winning over the heart of the Rajkumari? Does the Mahamantri manage to quench his thirst for power? Fairy tale action packed with drama.