Devdas is a 2002 Indian romantic drama film directed by Sanjay Leela Bhansali and based on the 1917 Sharat Chandra Chattopadhyays novel Devdas. This is the third Hindi version and the first film version of the story in Hindi done in colour. The film is set in the early 1900s and follows Shah Rukh Khan as Devdas, a wealthy law graduate who returns from London to marry his childhood sweetheart, Paro, played by Aishwarya Rai. However, the rejection of this marriage by his own family sparks his descent into alcohol, ultimately leading to his emotional deterioration and him seeking refuge with a courtesan played by Madhuri Dixit. At the time of its release, Devdas was the most expensive Bollywood film ever produced, with a reported budget of 50 crore. The film was a commercial success in India and abroad, becoming the highest grossing Indian film of the year. Shah Rukh Khan has bought the rights to this film under his banner, Red Chillies Entertainment.