Miss Grand International (company)

Miss Grand International 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, and talent management.[4][5][6][7]

For the international beauty pageant, see Miss Grand International.
Miss Grand International PCL
FormerlyMiss Grand International Co.,Ltd. (2013–2022)
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
  • Advertisement
  • Cosmetics
  • Entertainment
  • Events
  • Health products
  • Processed food
RevenueIncrease BT฿319.61 Million (2022)
Increase BT฿76.91 Million (2022)
Increase BT฿47.85 Million (2022)
Total assetsIncrease BT฿185.41 Million (2022)
Total equityIncrease BT฿104.41 Million (2022)
SubsidiariesKMGI Co., Ltd.[2]
Websitemissgrand.com

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][8]

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 is scheduled to be listed on the Market for Alternative Investment (MAI) in late 2023.[4][9][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]

Major shareholders

Initially, the company CEO Nawat Itsaragrisil together with the deputy Ratchaphol Chantaratim held a 99.99 percent stake,[6][9][10] but that was decreased to 71.42 percent after an initial public offering (IPO) in late 2023.[6][9][11]

Shareholders Before an IPO After an IPO
% of Issued Capital % of Issued Capital
Nawat Itsaragrisil60.0042.86
Ratchaphol Chantaratim39.9928.56
Noppawan Junjeua0.01<0.01
Others—28.57
Total
100.00
100.00

References
  1. "หลักทรัพย์เตรียม IPO" (in Thai). Stock Exchange of Thailand. 2023. Retrieved September 23, 2023 – via Archive Today.
  2. "แจ้งมติกรรมการจัดตั้งบริษัทย่อย" (in Thai). Stock Exchange of Thailand. February 17, 2023. Archived from the original (PDF) on September 21, 2023. Retrieved September 22, 2023.
  3. "เปิดปูม 'ณวัฒน์' เจ้าของธุรกิจนางงาม –บ.มิสแกรนด์ฯ รายได้ ปี 63 กว่า 340 ล." Channel 8 (in Thai). July 2, 2021. Archived from the original on July 21, 2021. Retrieved January 6, 2022.
  4. "มิสแกรนด์ อินเตอร์ฯ เตรียมยื่นไฟลิ่ง พ.ค.ขาย IPO หวังเข้าเทรดปลายปี 65". Infoquest.co.th (in Thai). January 17, 2022. Archived from the original on January 17, 2022. Retrieved January 25, 2022.
  5. "เปิดอาณาจักรร้อยล้าน "ณวัฒน์ อิสรไกรศีล" เจ้าของเวทีมิสแกรนด์อินเตอร์เนชั่นแนล". Sanook.com (in Thai). June 11, 2021. Archived from the original on July 13, 2021. Retrieved October 18, 2021.
  6. "7 เรื่องน่ารู้ "มิสแกรนด์ อินเตอร์เนชั่นแนล MGI" หุ้นไอพีโอน้องใหม่". Stockfocusnews.com (in Thai). July 19, 2023. Archived from the original on September 22, 2023. Retrieved September 22, 2023.
  7. "เทียบรายได้ธุรกิจ "บ.มิสแกรนด์ & เจเคเอ็น" ชัด ๆ ใคร เหนือกว่า" (in Thai). Channel 8. October 18, 2022. Archived from the original on September 22, 2023. Retrieved September 23, 2023.
  8. เบ็ตตี้&เจโจ (February 27, 2013). "เปิดศึก 3 เวที ชิงพื้นที่สุดยอดสาวงาม". Post Today (in Thai). Archived from the original on October 6, 2021. Retrieved December 28, 2020.
  9. "ก.ล.ต.อนุมัติแบบคำขอ "มิสแกรนด์" ขายไอพีโอ 60 ล้านหุ้น เข้า mai ต่อยอดธุรกิจ" (in Thai). Siam Rath. July 18, 2023. Archived from the original on September 22, 2023. Retrieved September 22, 2023.
  10. "ย้อนสารพัดแบรนด์ถึง"น้ำพริกนิตยา"บทเรียน"ธุรกิจ"เลือกข้าง"การเมือง"?". Bangkok Business (in Thai). September 23, 2021. Archived from the original on December 17, 2021. Retrieved January 11, 2022.
  11. "นับจากนี้ทุกพื้นที่มีแต่แกรนด์ ก.ล.ต. นับหนึ่งไฟลิ่ง MGI นำมิสแกรนด์ เข้าตลาดหุ้นปีนี้" (in Thai). Thai Rath. July 18, 2023. Archived from the original on September 22, 2023. Retrieved September 22, 2023.
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