Portfolio company
Halonix |  |
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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.