Formerly | Miss Grand International Co., Ltd. (2013–2022) |
---|---|
Company type | Public |
MAI: MGI[1] | |
Industry | |
Founded | November 6, 2013 |
Founder | Nawat Itsaragrisil |
Headquarters | 1213/414 Soi Ladprao 94 (Punjamit), Plubpla, Wangthonglang, Bangkok , |
Area served | Worldwide |
Key people |
|
Products |
|
Revenue | BT฿617.04 Million (2023) |
BT฿150.65 Million (2023) | |
BT฿119.25 Million (2023) | |
Total assets | BT฿605.39 Million (2023) |
Total equity | BT฿454.74 Million (2023) |
Subsidiaries | KMGI Co., Ltd.[2] |
Website | missgrand |
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]
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]
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 |
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
|