Expert Parking Systems Private Limited: Company Profile

Background

Overview

Expert Parking Systems Private Limited, established on June 28, 2013, is a leading manufacturer of innovative car parking solutions based in Mumbai, India. The company specializes in designing, manufacturing, and maintaining advanced parking systems tailored to meet the needs of residential, commercial, and government properties. By collaborating closely with architects and developers, Expert Parking Systems delivers highly customizable products that are uniquely designed and developed for each project.

Mission and Vision

Mission: To create a better everyday life for people and to provide superior quality services for our customers.

Vision: To build safe, innovative, and tailor-made parking systems, so every car owner can seize their day, every day.

Industry Significance

In a rapidly urbanizing world, the demand for efficient parking solutions has escalated. Expert Parking Systems addresses this need by offering state-of-the-art parking systems that optimize space utilization and enhance user convenience, thereby contributing significantly to urban infrastructure development.

Key Strategic Focus

Core Objectives

Develop and implement innovative parking solutions that maximize space efficiency.

Collaborate with stakeholders to deliver customized parking systems tailored to specific project requirements.

Ensure high-quality manufacturing and installation processes to guarantee customer satisfaction.

Areas of Specialization

Automated Parking Systems

Mechanical Parking Systems

Hydraulic Parking Systems

Multilevel Parking Systems

Puzzle Parking Systems

Suspended Parking Systems

Tower Parking Systems

Alley Parking Systems

Key Technologies Utilized

Advanced engineering design software for system planning and development.

State-of-the-art manufacturing facilities equipped with modern machinery.

Comprehensive quality control processes to ensure product reliability and safety.

Primary Markets Targeted

Residential complexes

Commercial establishments

Government-owned properties

Urban development projects requiring efficient parking solutions

Financials and Funding

Funding History

As a privately held company, Expert Parking Systems has maintained a low profile regarding its funding history. The authorized share capital is ₹50,00,000, with a paid-up capital of ₹50,00,000, indicating a self-funded approach to its operations.

Recent Developments

The company held its last Annual General Meeting on September 30, 2024, and filed its balance sheet on March 31, 2024, reflecting ongoing operations and financial health.

Pipeline Development

Key Projects and Installations

Expert Parking Systems has been involved in several notable projects, including:

Shri Sai Datta C.H.S., Matunga (West), Mumbai: Installation of the Expert Tower Parking System (Hydraulic), enhancing parking capacity by four additional cars, accommodating 24 SUVs in the same space where others provided 20.

Sarvam and Shubham Projects, Kasarvadavli, Thane: Deployment of 29 Two Post Double Cylinders parking systems and 5 Suspended No-Post parking systems, showcasing high customization to meet specific project requirements.

Anticipated Milestones

While specific timelines for upcoming projects are not publicly disclosed, the company's consistent engagement in urban development projects suggests a proactive approach to expanding its portfolio and market presence.

Technological Platform and Innovation

Proprietary Technologies

Expert Tower Parking System (Hydraulic): A hydraulic-based system designed to maximize parking capacity in limited spaces, particularly suitable for accommodating SUVs.

Suspended No-Post Parking System: An innovative design that eliminates the need for central posts, allowing for more flexible and efficient parking arrangements.

Significant Scientific Methods

Advanced Engineering Design Software: Utilized for precise planning and development of parking systems, ensuring optimal space utilization and system efficiency.

Comprehensive Quality Control Processes: Incorporating regular quality checks, testing, and assessments to maintain high standards of product reliability and safety.

Leadership Team

Key Executives

Mr. Haresh Pratap Chandan: Director

Mr. Aalekh Haresh Chandan: Director

Mr. Kamlesh Natwarlal Mehta: Director

Mr. Bhavik Kamlesh Mehta: Director

Professional Backgrounds and Contributions

The leadership team brings extensive experience in the real estate and engineering sectors, contributing to the company's strategic direction and operational excellence. Their combined expertise ensures the delivery of high-quality parking solutions tailored to client needs.

Market and Competitor Profile

Market Insights and Dynamics

The parking solutions industry is experiencing significant growth due to urbanization and the increasing number of vehicles. Companies like Expert Parking Systems are well-positioned to capitalize on this trend by offering innovative and space-efficient parking solutions.

Competitor Analysis

SP Plus Corporation: A major player in the parking management industry, offering a wide range of services including parking facility management and event logistics.

YourParkingSpace: An online marketplace for parking spaces in the UK, providing a platform for drivers to find and book parking spots.

Strategic Collaborations and Partnerships

While specific collaborations are not detailed, the company's focus on customization and quality suggests potential partnerships with real estate developers and urban planners to integrate parking solutions into large-scale projects.

Operational Insights

Strategic Considerations

Expert Parking Systems differentiates itself through its commitment to quality, customization, and customer satisfaction. By maintaining a close relationship with clients post-delivery, the company ensures the longevity and reliability of its parking systems.

Strategic Opportunities and Future Directions

Roadmap and Expansion

The company aims to expand its market presence by leveraging its innovative solutions to address the growing demand for efficient parking systems in urban areas. Future directions include exploring new technologies and materials to enhance system performance and sustainability.