- It is a sequel to the 2018 film Qismat.
- On 11 September 2019, Jagdeep Sidhu released the title poster of Qismat 2 with a release date.
- Principal photography of the film began on October 17, 2020, with a muhurat shot.
- Qismat 2 was released theatrically on September 23, 2021. It was released for streaming on the Over-the-top media service platform ZEE5 on October 29, 2021.
- Qismat 2 opened with a gross collection of ₹2.07 crore worldwide on the first day of release. The opening weekend worldwide gross of the film was ₹12.27 crore, and the opening week gross collection was ₹17.77 crore.