Background: Rasapaddhati is a classical Sanskrit text related to Rasashastra, which mainly deals with metals, minerals, and mercurial preparations flourished during the medieval period to achieve Dehavada (attaining long and healthy life by using mercurial preparations) and Lohavada (conversion of lower metals into precious metals such as gold and silver). Later knowledge of Rasashastra extended to the therapeutic application in various diseases. Rasapaddhati is a fifteenth-century alchemical treatise written by Acharya Bindu comprising the personal experiences of the author in the field of alchemy. Aims and Objectives: This work is a humble attempt to summarize the key features of text Rasapaddhati, its contents, and contribution in the development of Indian alchemy. Materials and Methods: A review of Rasapaddhati was performed on Siddhiprada Hindi commentary by Siddhinandan Mishra and published by Chaukhambha Orientalia in 1987. Results and Conclusion: It is written in Shardulvikridit Chhanda and is completed in 236 verses. The key features of Rasapaddhati include the classifications of minerals, metals, precious stones, description of mercury, and its various processes and 49 herbal and herbomineral formulations with therapeutic applications in various diseases.