This ghat is named after Prahlada, a great mythological devotee of Lord Vishnu. In 11th-12th century the Gahadavala inscriptions mention this ghat. This is spread over a longer distance. The historicity of this ghat can be traced through an 18th century sketch preserved in Savai Man Singh-II Museum at Jaipur, which glorifies this ghat. In 1937 with the construction of a new Nishada Ghat in the centre (where exists Satsanga Akhara), now the ghat is divided into two parts: the southern and northern. In the southern part exists the shrine of Prahladeshvara (A 10/ 82), Prahlada Keshava, Vidara Narsimha, and Varada and Picindala Vinayakas. Around the northern site exist Mahisasutra Tirtha, Svaralingeshvara, Yajna Varaha and Shivaduti Devi. The northern part (Nishada Ghat) was made pucca in 1988 by the irrigation department of the government of Uttar Pradesh; the arena of ghat is dominated by washermen. Sherring (1868: 190) described it as “a picturesquely site commanding a fine view of the city and its suburbs”.
The ghat was made pucca in early 20th century by the City Council. Among the other temples in the vicinity notables are Narsimha (A 10/ 82), Jagannatha (A 10/ 76) and Shitala (A 10/ 77). According to oral history the great medieval saint-poet Tulasi was also living here in late 16th century. In commemoration of this incidence Tulasidasa Temple (A 10/ 58) has been built here. During the last five days of light-half of Vaishakha (April-May), a grand festive theatrical celebration to honour the appearance of Narsimha (“Lion-Man” form of Vishnu) is performed on massive scale in the temple of Prahladeshvara. Its climax reaches on the full moon day (i.e. 14th of the light-half). This is a very active ghat, attracting a good mass of devout Hindus from the nearby countryside to celebrate a variety of festivals and rituals.