It is believed that Guru Adi Shankaracharya, who introduced Advaita Vedanta philosophy, wrote the Kanakadhara Stotram praising the goddess Lakshmi, praying to her and dumping wealth on poor women. He is also believed to have composed this stotram after donating Amla fruit while begging for food in Bhiksha. Kanakadhara Stotram is a prayer dedicated to the goddess Lakshmi for wealth and prosperity and written by Adi Shankaracharya.
Lord Vishnu, Narayana Maa and the goddess Lakshmi stand for Becoming. It is a hymn to Sanskrit composed by Adi Sankara. He began singing twenty-one slokas in praise of the goddess Mahalakshmi and prayed to her to bless poor women, drive out their poverty and grant them wealth.
The front door of her house was open, and when she reached Adi Sankara, she reached out and dropped one of the Amlaka fruits, the only fruit available in the house, into the hands of Sri Sankaracharya. Adi Sankara accepted the answer and said to the Lady: “Because of the good deeds of her previous birth and the birth of her kind heart to the poor, if you give him a little Amla fruit, it will be enough to bless you with prosperity. The 21 verses of the Kanakadhara Stotram have become famous and are still read by devout Hindus for the benefit of the people.

Sri Kanakadhara Stotram Benefits

The word Kanakadhara which means gold stream is a Sanskrit hymn composed by Adi Sankara called Kanakdhara Stotra. It was recited when Maa Lakshmi appeared and triggered a gold stream. Rin Vimochan Mangal Stotra is a powerful stotram for getting rid of credit and debt (karz). Kanak dhara puja should please and invoke the blessing of the goddess Laxmi (Maa), the goddess of wealth, by reciting the Kanak Dhara Stotram’s mantra (chantsthu stotras) of Sankaracarya: “Laxmi is holy, famous and popular and is called Kanakadharas” stotra. “. Goddess Lakshmi was so pleased that she showered the House of Ladies with gooseberries of pure gold.
The Kanakadhara stotram is sung three or five times to invoke the goddess for wealth and prosperity and to give happiness and prosperity. The Holy Sankaracharya sings hymns of praise to Mahalakshmi by singing Kanagadhara stotra for the well-being of those who have suffered their past karma and suffered from poverty. When Sanakaracharya sang this stotram, the goddess Lakshmi poured golden Amla fruits (rain) in the poor women’s huts.
The one who recites this stotra with unshakeable faith, concentration and devotion will receive the blessing of Lord Mangal, be freed from his debts and receive abundant money. Maa Lakshmi is the goddess of wealth, and Maa Lakshmi is the wife of Lord Vishnu. The hymn of Kanagadhara Stotram was composed by Adi Sankara in Sanskrit and written by him in the 8th century AD. With beautiful devotion to the maa Lakshmi, the great holy Sankaraya sang a hymn of praise to Mahalakshmi and how graceful she is.