This temple is on the Nambidi kunnu on Palakkad – Kulappully highway in Lakkidi. Though people of four generations remember this temple, many details were revealed in the astrological consultations held in 2007. The consecration is that of the calm Narasimhamoorthy, seated with Lakshmy Devi on his lap, after the killing of Hiranyakashipu. Such consecrations are rare in Kerala. The temple is considered to be between 600 and 800 years old. The idol made of Krishna shila had suffered some damage but had not lost its effulgence. So, it was used for reconsecration. It is believed that the temple suffered damage during the invasion by more the army of Tipu Sultan. The temple had a rich and illustrious past before that. The remains of the buildings could be seen there. The pond in front of the temple with broad steps had been almost filled up. A group of people, called Nambidis, who originated from Karnataka, is believed to have constructed the old temple. The area where the temple stands is known as Nambidikunnu even today. The roof of the sanctum bears marks of repair sometime in the past. For 35 years, the rice, oil, wicks, and other things required for the pujas in the temple had been given by the family of Kallam Kandath Govindankutty Nair and his family. This continued till the new committee took charge of the temple. The renovation committee was formed in 2006, and regular pujas were started in 2007. Now it is the Akavoor Lakshmy Narasimha Moorthy Kshethra Bharana Samithy that manages the temple. Ayyappa and Ganapathy were consecrated in 2018. Every day after the evening puja, the devotees circumambulate the temple, reciting prayers. Vinayaka Chathurthi, Sree Krishna Jayanthy, Narasimha Jayanthy, Navarathri, Vishu, Akshaya Thritheeya, Deepavali, Karthika Vilakk and Guruvayoor Ekadashi are observed in this temple with special rituals.