Avantivarman’s son Śaṅkaravarman was a ruler of Kashmir from the Utpala line. He came to the throne after a struggle for succession with his siblings. He was a patron of Bhallaṭa who wrote a Bhallaṭa‧śataka, and is mentioned by Jayantabhaṭṭa- author of Nyāyamañjarī and Āgamāḍambara.

Śaṅkaravarman is known to have struck coins with the legend 'Śrīyaśovarman' and this may have been one of his epithets.

According to Kalhaṇa, Śaṅkaravarman died on a military expedition to the Uttarāpatha.