The story takes place after 15 years with grown up Dagadu (Priyadarshan Jadhav) and Praju (Priya Bapat).

The movie begins with a scene in which Dagadu donates an ambulance for the people in his area, reflecting his caring attitude.

Soon, Prajakta moves to Mumbai to pursue her dreams, however, she still loves Dagadu and is waiting for him to bring her back in his life.

In later events, Prajakta's father, Shakal wants an educated, qualified guy, unlike Dagadu, to marry his daughter.

Dagadu, doubting his love, wondering if their relationship was just a waste of time (Timepass) and asks his friends for advice.

The Film is produced by Meghana Jadhav under Athaansh Communications and Nikhil Sane by Essel Vision Productions.

The lyrics for the film are penned by Mangesh Kangane and Kshitij Patwardhan with music composed by Chinar - Mahesh.

Mihir Bhanage of The Times of India gave the film a rating of 3 out of 5 saying that, "Timepass 2 has a tried and tested love formula that works because of the clever punchlines, songs and funny situations.