Miss Grand International (company) explained

Miss Grand International PCL
Type:Public
Former Name:Miss Grand International Co., Ltd. (2013–2022)
Founder:Nawat Itsaragrisil
Location City:1213/414 Soi Ladprao 94 (Punjamit), Plubpla, Wangthonglang, Bangkok
Location Country:Thailand
Area Served:Worldwide
Revenue: BT฿617.04 Million (2023)
Operating Income: BT฿150.65 Million (2023)
Net Income: BT฿119.25 Million (2023)
Assets: BT฿605.39 Million (2023)
Equity: BT฿454.74 Million (2023)
Subsid:KMGI Co., Ltd.[1]

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

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.

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,[2] 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..[3] [4]

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,[5] 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.[5] [8] [9] In the corporation with Karmarts, its subsidiary, KMGI Co., Ltd., was established in February 2023 to be responsible for the cosmetics section specifically.[1]

The company also plans to invest in the jewelry segment and aesthetic medicine in late 2024.[10] [11]

Products and services

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

width=200pxSection !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%
Rental business and others4.33%MGI Hall

Major shareholders

Initially, the company CEO Nawat Itsaragrisil together with the deputy Ratchaphol Chantaratim held a 99.99 percent stake,[6] [8] [13] but that was decreased to 71.42 percent after an initial public offering (IPO) in late 2023.[6] [8] [14]

ShareholdersBefore an IPOAfter an IPO[15]
(December 8, 2023)
% of Issued Capital% of Issued Capital
Nawat Itsaragrisil60.0042.86
Ratchaphol Chantaratim39.9928.57
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

Notes and References

  1. Web site: แจ้งมติกรรมการจัดตั้งบริษัทย่อย. th. 17 February 2023. 22 September 2023. Stock Exchange of Thailand. 21 September 2023. https://archive.today/20230921222835/https://weblink.set.or.th/dat/news/202302/23016822.pdf.
  2. Web site: 2 July 2021 . 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. . https://web.archive.org/web/20210721042249/https://www.thaich8.com/news_detail/99081 . 21 July 2021 . 6 January 2022 . . th.
  3. Web site: 11 June 2021 . เปิดอาณาจักรร้อยล้าน "ณวัฒน์ อิสรไกรศีล" เจ้าของเวทีมิสแกรนด์อินเตอร์เนชั่นแนล . Opening the kingdom of a hundred million "Nawat Israkraisil" owner of the Miss Grand International stage . https://web.archive.org/web/20210713150221/https://www.sanook.com/money/839120/ . 13 July 2021 . 18 October 2021 . . th.
  4. News: เบ็ตตี้&เจโจ . 27 February 2013 . เปิดศึก 3 เวที ชิงพื้นที่สุดยอดสาวงาม . Opening a battle on 3 stages, competing for the area of the best beauties . https://web.archive.org/web/20211006145558/https://www.posttoday.com/ent/news/207076 . 6 October 2021 . 28 December 2020 . . th.
  5. Web site: 17 January 2022 . 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 . https://web.archive.org/web/20220117084227/https://www.infoquest.co.th/2022/164946 . 17 January 2022 . 25 January 2022 . Infoquest.co.th . th.
  6. Web site: 19 July 2023 . 7 เรื่องน่ารู้ "มิสแกรนด์ อินเตอร์เนชั่นแนล MGI" หุ้นไอพีโอน้องใหม่ . 7 things to know about "Miss Grand International MGI," a new IPO stock . https://archive.today/20230922044717/https://stockfocusnews.com/archives/178750 . 22 September 2023 . 22 September 2023 . Stockfocusnews.com . th.
  7. Web site: 18 October 2022 . เทียบรายได้ธุรกิจ "บ.มิสแกรนด์ & เจเคเอ็น" ชัด ๆ ใคร เหนือกว่า . Comparing the income of the business "Miss Grand & JKN" clearly, who is superior? . https://archive.today/20230922173920/https://www.thaich8.com/news_detail/114232 . 22 September 2023 . 23 September 2023 . . th.
  8. Web site: 18 July 2023 . 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 . https://archive.today/20230922050117/https://siamrath.co.th/n/462911 . 22 September 2023 . 22 September 2023 . . th.
  9. Web site: 2023 . หลักทรัพย์เตรียม IPO . Securities preparing for IPO . 23 September 2023 . . th . Archive Today.
  10. Web site: MGI ขยับต่อยอดธุรกิจนางงามทุ่ม 60 ลบ.ผุดร้านขายเครื่องเพชร-คลีนิคเวชกรรม. 7 August 2024. 8 August 2024. th. www.infoquest.co.th. 7 August 2024. https://archive.today/20240807224154/https://www.infoquest.co.th/2024/419504.
  11. Web site: Miss Grand International Public Company Limited. Internet Archive. 22 August 2024. 22 August 2024. . th.
  12. Web site: 31 January 2023 . "ณวัฒน์"เตรียมดัน"มิสแกรนด์ อินเตอร์เนชั่นแนล"จะนำหุ้นเข้าตลาด mai . "Nawat" prepares to push "Miss Grand" International" will bring stocks to the mai market . https://archive.today/20231129142958/https://thunhoon.com/article/267302 . 29 November 2023 . thunhoon.com . th.
  13. Web site: 23 September 2021 . 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"? . https://web.archive.org/web/20211217123520/https://www.bangkokbiznews.com/politics/961715 . 17 December 2021 . 11 January 2022 . . th.
  14. Web site: 18 July 2023 . 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 . https://archive.today/20230922050528/https://www.thairath.co.th/money/investment/stocks/2710481 . 22 September 2023 . 22 September 2023 . . th.
  15. Web site: ข้อมูลผู้ถือหุ้น. 8 December 2023. 14 December 2023. th. Stock Exchange of Thailand. 14 December 2023. https://archive.today/20231214043117/https://www.set.or.th/th/market/product/stock/quote/MGI/major-shareholders.

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