Raktanchal is a crime drama inspired by real-life events from the '80s of Purvanchal, Uttar Pradesh, at the time when the state development work was distributed through tenders. The criminal empire of Waseem Khan, the tender mafia is challenged by a young criminal Vijay Singh who is driven by vengeance. While Waseem Khan is a pure criminal, Vijay is a good man, who in spite of turning into an anti-hero, serves people as much as he can. The story sets in motion, a clash for acquiring tenders with a political battle in the background, which unleashes a bloodbath in the city of Purvanchal. Vijay must overcome great personal odds to beat Waseem Khan and become the tender king.