Legend says that the villagers decided to build a temple with Sree Ayyappa as the presiding deity After the temple was built, they had a vision directing them to a whirlpool in Kayamkulam Lake where they would find the idol of Sree Subramanya which was to be installed at the temple. Accordingly, the elders of the village with divers and swimmers rowed to the spot and found the idol which was escorted back ceremoniously by devotees from the entire region in colorfully.
Payipad Jalolsavam is held on Thiruvonam, Avittom and Chathayam days of the month of Chingam every year and the Boatrace is held on the Chathayam day

