Director Kabir Khan heaped praise on his lead star as he accepted the best picture award at the 17th edition of the awards, held here.
"Thank you IIFA, thank you Salman for starring and also producing the movie. He let me do the film the way I wanted to."
Bhansali was honoured with the award by his lead actors-- Ranveer Singh, Deepika Padukone and Priyanka Chopra.
The historical romantic saga earned Ranveer the best actor trophy for his portrayal of the great Maratha warrior Peshwa Bajirao.
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The actor began his acceptance speech by thanking his director but did not miss a chance to show his affection towards rumoured girlfriend Deepika.
"There's another special person I must thank. I was moved by her performance on 'Bajirao' songs during the show. She is the Leeela to my Raam, Mastani to my Bajairao and I don't know what's next. Girl, you are so fine. Nothing makes me happier than you... I mean winning an award here with you," the actor said.
Deepika, who was nominated for two films in the best actress category, won the honour for Shoojit Sircar's "Piku" thanks to her sincere performance of a cranky yet responsible daughter.
"I want to thank Juhi, who made my performance worth while. I thank all spot boys, light men who work so hard," she said.
Deepika also mentioned a "special someone" in her speech, though without naming the person. "I also thank my team and that special person. You know who you are."
The night belonged to "Bajirao Mastani" as Priyanka was honoured with the best supporting actress award.
"I am overwhelmed. I thank Ranveer, Deepika and Sanjay
sir," Priyanka said.
Priyanka's "Dil Dhadakne Do" co-star Anil Kapoor won the best supoorting actor for his confident performance as the patriarch of a rich Delhi business family.
Deepak Dobriyal won the best performance in a comic role for "Tanu Weds Manu Returns" and the best performance in a negative honour was bagged by Darshan Kumar for his act in "NH 10".
"Raman Raghav 2.0" star Vicky Kaushal bagged the best debut actor (male) for his endearing act in "Masaan", while Bhumi Pednekar took home the best debut actor (female) for "Dum Laga Ke Haisha".
The track's moving lyrics helped Varun Grover win his first IIF for best lyricist.
"This proves that you don't have to be a Prime Minister to go abroad," Grover joked.
The best music composer honour went to Meet Bros, Amaal Malik and Ankit Tiwari for "Roy".
The "Jodi if the Year" honour went to "Hero" stars Sooraj Pancholi and Athiya Shetty, who thanked their mentor Salman for giving them a break in the Hindi film industry.
The high octane performances by Bollywood stars brought
the house down during the ceremony at IFEMA here.
Hrithik Roshan was the first performer of the evening. His heart-pumping act on songs "Ek Pal Ka Jeena", "Bawre Bawre" and "Senorita" served as the perfect opener for the show.
Priyanka made the audience go wow with her seductive, jazzy rendition of her hit tracks "Ram Chahe Leela", "Aaj Ki Raat" and "Dil Dhadakne Do".
Besides, she also danced to "Gallan Goodiyaan" and "Pinga". Tiger Shroff paid tribute to his two idols- Michael Jackson and Hrithik through his performance.
But, naturally the most anticipated performance was Salman's.
The superstar, whose act closed the ceremony, went back in time and kickstarted his act with his old, slow hits like "Tadap Tadap Ke", "Humko Maloom Hain", "Sau Dard Hain", and gradually moved to more recent hits like "Prem Ratan Dhan Payo".