It is said that in the past, Shankeshwar village was given on a hire to the Seth Shantidas-the Nagarseth of Ahmedabad and endowment by Emperor Shah Jahan.
After Palitana, Shankheshwar Temple gets the next rank in the importance for the Jain. The main idol of the Tirthankara Parshvanath belongs to samvat 1666 and the inscriptions date back to 1656-1686 AD. The compartments (cells) have been in built with brick and without cutting in shape.
The other Jain scared places near to Shankeshwar Temple are, Lolada is in the north-west, Becharaji is in the east. At Shankeshwar, Shri Sankheshwar Parshwanath Teerth devoted to Shri Sankheshwar Parshwanath Bhagwan is honored pilgrim center. At Munjpur-Shri Jotingada Parshwanath, at Panchasar-Shree Panchasar Jain Temple, and Modhera-Shri Chintamani Parshwanath etc. are very close to Shankeshwar.
Most probably the fairs are organized on the full moon day and Margashirsha Vad 10, in the Hindu months-Chaitra and Kartik or solar months-March/April and October/November.