Siddhpur was historically known as Sristhal or "a pious place".It is mentioned in the Rig Veda to be existing at that time as the Dashu village. The legend is that the great sage Dadhyanca or Dadhichi had donated his bones to God Indra here at Siddhpur. Siddhpur is also believed to be located at the junction of two rivers Ganges and Saraswati. Even in the Mahabharata, the great Indian epic, it is mentioned that the Pandavas had visited the place while they were in exile. During the 4-5th A.D a large number of people settled in this part. They were Gurjara people from Iran.
In tenth century (943 AD), Mularaja, the founder of Solanki dynasty, started constructing the Rudra Mahalaya Temple. On completion of the temple, around 1140 AD, Siddharaj Jaisinh consecrated it and established the town as his capital. He changed its name to Siddhpur, literally Siddhraj's town. The temple was dismantled an army under Almas Beg Alaf Khdn and Nusrat Khan Jalesri sent by Alauddin Khilji in 1296 AD (Samvat 1353).
During the Gujarat Sultanate, the town was under the rule of local dynasty ruling from Palanpur. In the 15th century, the town was brought under the Mughal rule by Akbar. Under the Mughal rule the town developed and flourished. Asaita Thakar, traditionally credited for the origin of traditional folk theatre Bhavai, in 14th century, lived in Siddhpur
It is a small artificial tank, even mentioned in rig-veda and considered pious by Hindus. Matrushradh, Mother Moksha /Tarpan on Saraswati river (Rig-Veda) an ancient Hindu culture. one of the famous place to visit in the siddhpur. Sage Kapil had founded Sankhya sastra, and Mother Devahuti got Moksha, Explained the Sankhya Darshan by his son (Kapila) on the Saraswati bank: Since the Moksha of Devhuti established this place Bindu sarovar in Siddhpur an only place in India where Matru-shradh is being carried out, thus thousands of people come here annually to perform the rituals for their dead mothers. in month of Kartik of Hindu calendar. History says the Lord Parshuram had worship here for his sins and done the Matrushradh for his Mother. Moksha karmakand by brahman priest on saraswati river at pipal tree of Siddheswar temple possess ancient place of God Vishnu. Rig-Ved mentioned for ancient Sristhal and Saraswati river.
Siddhpur have the magnificent and beautiful havelis or medieval homes of Bohra traders. They are famous for their delicate wooden architecture and interior decoration of medieval style of India. Arvadeswar temple of Lord Shiv at Siddhpur is a very ancient place of Nath sampradaya in this place Late Devshankarbapa Bhatt who had worshiped 50 years and Died in 1978.
Tower of Sidhpur, built by Mr. Muhammadali Hararwala (RajRatna) on 4 April 1915. That time built cost of tower was Rs. 15000.00 during rule of Gaekwad.
The Siddhpith is established by Devshankarbapa. Where vedic activities, archana of Lord shiva like Laghurudra, Maharudra, Atirudra . Daily Agnihotra and Gayatri chants is being carried out by Brahmin Priest Shri Vikrambhai Pancholi at present. At Siddhpith annually pilgrims/Devotees from India come at Birth, Death anivesary of Devshankarbapa. Siddhpith had a place of Rushi Kardama's worship spot, and evidence of ancient history being the Lord Brahma'"s visit The Siddheswar temple on Sarswati river, Chandrakant Pathak(chanduguru) great human devotee of Dutta, ved pathi, brahmchari established guru-sishya parampara here after lord Krisna-Sandipani. Thousands of Rushiputra/Brahman priest learned in free gurukul since 200 years[clarification needed] at the same place and developed Brahmtej.