Portfolio company

Halonix

Halonix

Company website

www.halonix.co.in

Business sector

Industrials

Country of operation

India

Market

South Asia

Investment status

Current portfolio

Investment type

Buyout capital

Date of original investment

2006

Office

Mumbai, India

Halonix, previously Phoenix Lamps, is a leading manufacturer of Halogen bulbs/lamps for automobiles and energy efficient Compact Fluorescent Lamps (CFLs) used in residential and commercial lighting. Halonix has four manufacturing plants in northern India and trades on the Indian stock exchanges BSE and NSE.

Halonix is the leading supplier of headlight bulbs to vehicle makers in India. With over 80% market share in 2-wheelers, 50% market share in 4-wheelers and a well established export business to after-markets in Europe and US. Halonix is one of the largest manufacturers of CFLs in India. Halonix is a private-label supplier to major lighting brands in India, in addition to selling CFLs under its own Halonix brand.