The company was incorporated on March 9, 1992 and it was converted into a public limited company on March 13, 1992. It is into floriculture and is engaged in the cultivation of cut flowers, plantlets and seeds.

Indrayani Biotech produces cut flowers, strawberries, tissue culture plantlets and hybrid vegetable seeds. The company has also started marketing and distribution and extensive field demonstrations of hybrid vegetable seeds manufactured by HOECHST India. Technical agreements have been signed with Floral Max, Malaysia for rose cultivation and with B. L. McKenzie and Associates, New Zealand for tissue culture. The planting material for strawberries has been acquired from the US. Indrayani Biotech has signed a test agreement with the technology transfer offer of the University of California to obtain certified planting material from nurseries in California.

Indrayani Biotech started exporting flowers to Holland and Dubai in 1994-1995. Restricted water supply and changes in ecology resulted in a shortfall in achieving its goals. In 1995-1996, the company incurred losses due to insufficient water supply, labor problems and sub-standard infrastructure. To overcome the above problems, the company is considering shifting its green houses to alternate locations.

The company has installed five Greenhouses and plantation in these greenhouses is complete.  A pilot tissue culture laboratory is also completed and the protocol to be used in manufacture of tissue culture plantlets is being perfected. 

The company’s registered office and factory are located at Pune, India.