Mukesh Khanna has an important role in this film, ironically the latter played superhero Shaktimaan in the longest running show Shaktimaan (1997) later on.
Ajay Devgan chair fight scene in Shaktiman was copied from a Jackie Chan film. The same fight scene was done by Govinda in Dulaara .
Donna Summer's hit song Love To Love you Baby is featured in the film. It appears in a comedy sequence between Gulshan Grover and Tiku Talasania.
During production, the film was titled "Rakshak".
There was a shelved movie titled Bhavana's Kala Mandir's Shaktimaan (1978) Starring Amitabh Bachchan, Moushami Chatterjee,Aruna Irani,Pran, Farida Jalal,Asrani,Madan Puri Sulochana. Music By Kalyanji Anandji , Produced by B.R.Pachisia,Directed by Prakash Mehra.