Miss Grand International (company)

For the international beauty pageant, see Miss Grand International.

Miss Grand International PCL
FormerlyMiss Grand International Co., Ltd. (2013–2022)
Company typePublic
MAI: MGI[1]
Industry
FoundedNovember 6, 2013 (2013-11-06)
FounderNawat Itsaragrisil
Headquarters
1213/414 Soi Ladprao 94 (Punjamit), Plubpla, Wangthonglang, Bangkok
,
Thailand
Area served
Worldwide
Key people
Products
RevenueIncrease BT฿617.04 Million (2023)
Increase BT฿150.65 Million (2023)
Increase BT฿119.25 Million (2023)
Total assetsIncrease BT฿605.39 Million (2023)
Total equityIncrease BT฿454.74 Million (2023)
SubsidiariesKMGI Co., Ltd.[2]
Websitemissgrand.com

Miss Grand International (MGI PCL) is a Thai conglomerate founded in 2013 by Nawat Itsaragrisil, headquartered in Bangkok, Thailand.[3] It comprises numerous businesses in various industries of advertisement, cosmetics, entertainment, events, health products, processed food, talent management,[4][5][6][7] jewelry and aesthetic medicine.[8]

Initially, it was only responsible for the management of the Miss Grand Thailand and Miss Grand International pageants but was later expanded and diversified into other business sectors in the late 2010s.[4]

History

The company was established as a limited company on November 6, 2013, with an authorized capital of one million Bath, and is chaired by Nawat Itsaragrisil,[3] a Thai television host and producer who had previously served as producer of Miss Thailand World for BEC-Tero. After ending his role with BEC-Tero, Nawat signed a business partnership with Channel 7 and subsequently established his national pageant, Miss Grand Thailand, in mid-2013 and the newly established international pageant, Miss Grand International, which was managed by the Miss Grand International Co., Ltd..[5][9]

Alongside its flagship beauty pageant, the company eventually expanded and diversified into the food-processing and cosmetics industries in 2018 as well as the talent management sector in 2019,[4] which led the company to increase its authorized capital to 50 and 75 million Baht in 2020 and 2022, respectively.[6][7]

The MGI Co., Ltd. was transformed into a public limited company with a registered capital of 105 million Baht on June 15, 2022, and was listed on the Market for Alternative Investment (MAI) on December 14, 2023.[4][10][1] In the corporation with Karmarts, its subsidiary, KMGI Co., Ltd., was established in February 2023 to be responsible for the cosmetics section specifically.[2]

The company also plans to invest in the jewelry segment and aesthetic medicine in late 2024.[8][11]

Products and services

Miss Grand International PCL and its subsidiary is summarized as the 5 core businesses as follows;[12]

Section Revenue Sharing Product/Service
Commerce 40.86% Cosmetics, processed foods, household products, dietary supplements
Talent management 23.12%
Entertainment and media 19.06%
Beauty pageants 12.63% Miss Grand International, Miss Grand Thailand
Rental business and others 4.33% MGI Hall

Major shareholders

Initially, the company CEO Nawat Itsaragrisil together with the deputy Ratchaphol Chantaratim held a 99.99 percent stake,[6][10][13] but that was decreased to 71.42 percent after an initial public offering (IPO) in late 2023.[6][10][14]

Shareholders Before an IPO[6][10] After an IPO[15]
(December 8, 2023)
% of Issued Capital % of Issued Capital
Nawat Itsaragrisil 60.00 42.86
Ratchaphol Chantaratim 39.99 28.57
Karmarts Public Co., Ltd. — 2.86
Peerajet Suwannaphasri — 2.24
Khanphol Sueaphak — 0.95
Charlotte Austin — 0.95
Engfa Waraha — 0.95
Pongsak Thammathat-aree — 0.95
Sura Khanittaweekul — 0.95
Krittidet Prachanukul — 0.71
Others — 18.01
Total
100.00
100.00

References

  1. ^ a b "หลักทรัพย์เตรียม IPO" [Securities preparing for IPO] (in Thai). Stock Exchange of Thailand. 2023. Retrieved September 23, 2023 – via Archive Today.
  2. ^ a b "แจ้งมติกรรมการจัดตั้งบริษัทย่อย" (PDF) (in Thai). Stock Exchange of Thailand. February 17, 2023. Archived from the original (PDF) on September 21, 2023. Retrieved September 22, 2023.
  3. ^ a b "เปิดปูม 'ณวัฒน์' เจ้าของธุรกิจนางงาม –บ.มิสแกรนด์ฯ รายได้ ปี 63 กว่า 340 ล." [Revealing the history of 'Nawat', the owner of a beauty queen business. –Miss Grand Co., Ltd., revenue in 2020 over 340 million.]. Channel 8 (in Thai). July 2, 2021. Archived from the original on July 21, 2021. Retrieved January 6, 2022.
  4. ^ a b c d "มิสแกรนด์ อินเตอร์ฯ เตรียมยื่นไฟลิ่ง พ.ค.ขาย IPO หวังเข้าเทรดปลายปี 65" [Miss Grand International prepares to file for IPO in May, hoping to enter the trade at the end of 2022]. Infoquest.co.th (in Thai). January 17, 2022. Archived from the original on January 17, 2022. Retrieved January 25, 2022.
  5. ^ a b "เปิดอาณาจักรร้อยล้าน "ณวัฒน์ อิสรไกรศีล" เจ้าของเวทีมิสแกรนด์อินเตอร์เนชั่นแนล" [Opening the kingdom of a hundred million "Nawat Israkraisil" owner of the Miss Grand International stage]. Sanook.com (in Thai). June 11, 2021. Archived from the original on July 13, 2021. Retrieved October 18, 2021.
  6. ^ a b c d e "7 เรื่องน่ารู้ "มิสแกรนด์ อินเตอร์เนชั่นแนล MGI" หุ้นไอพีโอน้องใหม่" [7 things to know about "Miss Grand International MGI," a new IPO stock]. Stockfocusnews.com (in Thai). July 19, 2023. Archived from the original on September 22, 2023. Retrieved September 22, 2023.
  7. ^ a b "เทียบรายได้ธุรกิจ "บ.มิสแกรนด์ & เจเคเอ็น" ชัด ๆ ใคร เหนือกว่า" [Comparing the income of the business "Miss Grand & JKN" clearly, who is superior?] (in Thai). Channel 8. October 18, 2022. Archived from the original on September 22, 2023. Retrieved September 23, 2023.
  8. ^ a b "MGI ขยับต่อยอดธุรกิจนางงามทุ่ม 60 ลบ.ผุดร้านขายเครื่องเพชร-คลีนิคเวชกรรม". www.infoquest.co.th (in Thai). August 7, 2024. Archived from the original on August 7, 2024. Retrieved August 8, 2024.
  9. ^ เบ็ตตี้&เจโจ (February 27, 2013). "เปิดศึก 3 เวที ชิงพื้นที่สุดยอดสาวงาม" [Opening a battle on 3 stages, competing for the area of the best beauties]. Post Today (in Thai). Archived from the original on October 6, 2021. Retrieved December 28, 2020.
  10. ^ a b c d "ก.ล.ต.อนุมัติแบบคำขอ "มิสแกรนด์" ขายไอพีโอ 60 ล้านหุ้น เข้า mai ต่อยอดธุรกิจ" [SEC approves "Miss Grand"'s request to sell 60 million IPO shares to mai to expand business] (in Thai). Siam Rath. July 18, 2023. Archived from the original on September 22, 2023. Retrieved September 22, 2023.
  11. ^ "Miss Grand International Public Company Limited". Stock Exchange of Thailand (in Thai). August 22, 2024. Retrieved August 22, 2024 – via Internet Archive.
  12. ^ ""ณวัฒน์"เตรียมดัน"มิสแกรนด์ อินเตอร์เนชั่นแนล"จะนำหุ้นเข้าตลาด mai" ["Nawat" prepares to push "Miss Grand" International" will bring stocks to the mai market]. thunhoon.com (in Thai). January 31, 2023. Archived from the original on November 29, 2023.
  13. ^ "ย้อนสารพัดแบรนด์ถึง"น้ำพริกนิตยา"บทเรียน"ธุรกิจ"เลือกข้าง"การเมือง"?" [Looking back at all the brands about "Nam Prik Nittaya", the lesson of "business" choosing the side of "politics"?]. Bangkok Business [th] (in Thai). September 23, 2021. Archived from the original on December 17, 2021. Retrieved January 11, 2022.
  14. ^ "นับจากนี้ทุกพื้นที่มีแต่แกรนด์ ก.ล.ต. นับหนึ่งไฟลิ่ง MGI นำมิสแกรนด์ เข้าตลาดหุ้นปีนี้" [From now on, every area has only Grand. SEC is counting on one MGI filing to bring Miss Grand to the stock market this year] (in Thai). Thai Rath. July 18, 2023. Archived from the original on September 22, 2023. Retrieved September 22, 2023.
  15. ^ "ข้อมูลผู้ถือหุ้น" (in Thai). Stock Exchange of Thailand. December 8, 2023. Archived from the original on December 14, 2023. Retrieved December 14, 2023.
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