Parasmani

Parasmani Philosophers stone that converts iron into gold is a Hindi film of 1963. The film is a musical fantasy drama shot partly in Black and White and partly in colour. It has been directed by Babubhai Mistri, who is known as the pioneer of cinematic effects. The film was declared as hit at the box office.

Paras receives clues from various places and is directed to a cave. From this point, the film is in Eastman Color. Fighting various magical creatures and volcanic lava, Paras meets the Sorceress Mayanagri who falls in love with the brave Paras. Taking him in confidence, she shows him her real self, which is an old woman. The Sorceress shows him the Parasmani which Paras gains after killing a spider type creature. Soon the old sorceress also meets her end. Paras and his siblings fly back to their kingdom where, after some crucial fights, he meets his father, Senapati, and is married to the princess.This film is the first independent film together of the musical duo Laxmikant Pyarelal. Before this they have worked under many musicians separately as well as together. This film also marks the beginning of the long relationship between them, Lata Mangeshkar and Rafi. ........

Source: Wikipedia