Mahipala III succeeded his brother Jayasimha II in 1430 CE.
He was most devoted to religion and entertained all the Dwarka and Somnath pilgrims at his own charges.
He was also a devoted worshipper of Damodar Rai (a name of Krishna) and practised much asceticism in order to procure a son.
Mandalika-Mahakavya mentions that he had defeated Sangan, a king of the west (of Bet Dwarka).
He abdicated throne in favour of his son Mandalika III in 1451 CE (VS 1507) and went to forest.