While various versions of the origin and legend of Shri Mata Vaishno Devi Ji are prevalent, there seems to be unanimity on the discovery of Shrine around 700 years back by the same Pandit Shridhar, at whose place Mata had helped organize a Bhandaara. When she left amidst the Bhandaara to escape Bhairon Nath, Pandit Shridhar is said to have felt as if he had lost everything in his life. He felt immense grief and gave up the intake of food or even water and closed himself in a room of his house, fervently praying for Vaishnavi to reappear.

It is then that Mata Vaishnavi appeared in his vision (dream) and told him to search for her at the Holy Cave situated amidst the folds of the Trikuta Mountain. She showed him the way to the Holy Cave and insisted him to break his fast. Pandit Shridhar then went on to discover the Holy Cave in the mountains. Every time he seemed to lose the way, the vision of his dreams reappeared before his eyes and finally he reached his destination. Upon entering the Cave he found a rock form with three heads atop it. At that moment Mata Vaishno Devi appeared before him in all her glory (another version says that the Supreme Energies of Mata Maha Saraswati, Mata Maha Lakshmi and Mata Maha Kali appeared in the Holy Cave) and introduced him to the three heads (now known as the Holy Pindies) of the rock form along with various other identification marks in the Holy Cave. She blessed him with a boon of four sons and a right to worship her manifestation and asked him to spread the glory of the Holy Shrine all over. Pandit Shridhar then spent his remaining life in the service of Mata at the Holy Cave