Located 25 kms from Rayagada district headquarters, Laxminarayan Temple was built by the IMFA, the Indian Metals and Ferro Alloys Ltd., near their factory in Therubali. It was built around 2004 as a place of worship of Vishnu and Laxmi, but also houses Jagannath, Hanuman, Balabhadra, and Shiva idols. Visitors abound from all over the state and from nearby states as well, especially more so for Shivratri festivities. A few kilometres further toward Paikapada, one can witness over one lakh Shivling at the Paikapada shrine. These two temples are also crowded during the Jagannath Rath Yatra season that takes place in the humid month of July. The Laxminarayan Temple is usually more crowded on Tuesdays, but there is no fee for entry at this architectural temple.