This is a work in मलयालम् written during a very ancient period of मलयालम् literature. A complete edition of the same has not yet been received. The plot as could be gathered from records available is the following:

नीलकेशी , a woman born in a very noble family in त्रिश्शिवपेरूर् did not have any sons though she accepted many husbands for the sake of progeny. At last she decided to perform penance. She left her place alone on a pilgrimage and reached काच्चिल् , a famous trading centre near एज़्हिमल . There lived a merchant named नम्बुचेत्त्य् alias चोम्बुचेत्त्य् who was the chief man of the place. He talked with नीलकेशी and accepted her as his wife. She got a son of him named नम्बुशारि अरन् . Pleased at the birth of a son the parents gave a grand feast at the big पय्यन्नूर् plains. At that time the brothers of नीलकेशी reached the place in a ship. They climbed the fort-walls and tried to enter the grounds. Some people objected to it and at that time नम्बुचेत्त्य् came there and beat them to death. On hearing about this नीलकेशी left everything behind including her son and went again on a pilgrimage. When the son grew up the father taught his son everything about trade and ships. The father gave him a new ship for trading and the son taking along with him पाण्ड्यस् , जोनकस् , चोलियस् , पाप्पवस् and a यवन and a huge stock of goods put the ship into the sea and fearlessly went for trading. After passing through many ports and crossing another ocean he reached पोन्मल (the mountain of gold) and bartered his goods for a heap of gold. He came back to his own land and was one day playing chess with his father when a सन्न्यासिनी (female ascetic) came there. When she was given alms she requested to be allowed to talk to the young merchant. The सन्न्यासिनी was none other than नीलकेशी the mother of नम्बुशारि अरन् , the young merchant. She requested him to come to पय्यन्नूर् for a feast conducted by a woman there and he agreed to that. But the father objected to it. But when the son persisted in going, the father sent him with the sons of a चेत्त्य् , a few people from मणिग्राम and a huge stock of goods for trade. The poem ends there thus with 104 verses.

There are different opinions about the story among literary critics and historians. Gundert writes about it thus:--"This is a piece of मलयालम् work most ancient of all that I have seen. This is a creation in मलयालम् before that language became diluted with meaningless indeclinable Sanskrit words." According to Gundert this poem was written before the poem रामचरित was written and thus in the 3rd century M.E.