It includes popular tales such as about the twelve children of Vararuchi and Parayi (a woman of Paraiyar caste), Kayamkulam Kochunni, Kadamattathu Kathanar among many others.
Even though the place is named Parayakadavu meaning "The pier of the Pariah", the majority of the community of Parayakadavu belong to the Arayan caste which is not known to be related genealogically to the Pariahs.