Aniruddh "Anni" Pathak (Sushant Singh Rajput) has a water fight with his friends at the hostel

H4. Anni also drenches Raggie (Prateik Babbar), his rival from the H3 hostel.
Years later, Anni is divorced and has a son, Raghav (Mohammad Samad). His ex-wife and
Raghav's mother is Maya (Shraddha Kapoor), whom Anni had met in college and fell in love with.
Raghav is under pressure, as he is awaiting his engineering exam results.
Raghav's failure to get admission to a top engineering college results in him attempting suicide
by jumping off his friend’s balcony. He suffers from a brain hemorrhage, which the doctor tells his
parents could worsen. Anni chides the unconscious Raghav and tells him that he was also a
loser in his hostel days. The doctor comes in and tells him that the swelling is increasing slowly,
and that they have to get a surgery done in order to remove the swelling. When Raghav shows
signs of responding to the story, Anni decides to narrate his story of his college days.
The story starts with the first time Anni came to the college and was told that he has to live in
hostel H4-generally deemed as the abode of losers. The story then turns to the first loser, Sexa
(Varun Sharma) also known as a playboy. He used to rag new students, successfully bids for
porn books. The second loser is Acid (Naveen Polishetty), who had an extremely short-tempered
nature and flared up at the smallest provocation. The third loser is Mummy (Tushar Pandey), a
Momma's boy. He was a simple guy, who would not know anything about real life, and he would
have his mother decide and do things for him. His father went to the hostel and asked Acid and
Sexa to rag his son and make him a better man. After making him a better man, Mummy's father
thanks his friends for doing so. The fourth loser was Derek (Tahir Raj Bhasin), who was a
champion athlete and the unofficial "Daddy" of the H4 Hostel, but could never attain glory due to
the poor performances of his teammates. He used to bring out the best in everybody, but he
always failed against H3 in the Sport General Championships (GC). They always finished last in
the GC every year. This time Anni brought the whole group together. The fifth loser, Bevda
(Saharsh Kumar Shukla) used to drink every day. He had a place for his stash of alcoholic
drinks. He trained the group in drinking. Recounting this, the friends narrated the story about
Bevda's train journey. Bevda was coming from his summer holidays, drinking vodka. He had
mixed vodka in his water bottle and was enjoying the journey. Then a married couple asked
water from him for their son as he was thirsty. He refused to give water to the boy because he
couldn't tell them that it was vodka. After that, the couple was verbally abusing him and the whole
group laughed. The sixth loser was Anni himself. He had joined the group of losers and
participated in GC.
Then the GC started. H4 was preparing for this year to get rid of the 'loser tag'. They tried various
techniques: to give up their vices and habits, to train harder and to participate in events. But
nothing changed for them, as they continued to lose in various events. But Anni had an idea. He
used tactics and his intelligence to beat every round. Mummy was good in carrom, Bevda was
the reigning chess champion, Derek was good at running, football and weightlifting and Anni was
good at basketball and cricket. Other participants were good at different sports, and Anni used
some of his tactics to train his friends to win the GC. In this way, they reached the finals.
Everyone won in their sports, except Anni. In the basketball final, Anni tries to throw the ball into
the hoop for a 3-pointer, but it bounces back from the hoop and they lose the match. H3 hostel
won the match. But they cheered H4 hostel for their hard work and praised them for their team
spirit. The whole crowd cheered for them. In the present, Anni's son Raghav cries and asked
them whether they wished to die after the moment they lost. They all replied no. Anni gave
advice to him saying that losing does not matter. You have to try harder in order to achieve
success. Winning or losing, you have to embrace it in order to be a good man. After this Raghav
is taken to the operation theatre for his surgery.
The operation is successful and Raghav recovers from his injuries. He takes admission to a
college, finally accepting the fact that he could not get into IIT. He meets a senior just like his
father's first day in hostel and smiles.