Located under the shade of a Banyan Tree, Bai Mancooverbai Ardon Pyaav was the site of an important freshwater well in the erstwhile Bombay Green area before it was converted to a drinking fountain in 1873.
The fountain at St. Thomas Cathedral was donated by Parsi industrialist and philanthropist Sir Cowasji Jehangir (1812-78), from the fabulously wealthy Readymoney family, who is credited with erecting several other drinking fountains in Mumbai.