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Formerly | Miss Grand International Co., Ltd. (2013–2022) |
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Company type | Public |
MAI: MGI [1] | |
Industry | |
Founded | November 6, 2013 |
Founder | Nawat Itsaragrisil |
Headquarters | 1751 Soi Ladprao 94 (Punjamit), Plubpla, Wangthonglang, Bangkok , |
Area served | Worldwide |
Key people |
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Products |
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Revenue | ![]() |
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Total assets | ![]() |
Total equity | ![]() |
Subsidiaries | |
Website | missgrand |
Miss Grand International (MGI PCL) is a Thai conglomerate founded in 2013 by Nawat Itsaragrisil, headquartered in Bangkok, Thailand. [5] It comprises numerous businesses in various industries of advertisement, cosmetics, entertainment, events, health products, processed food, talent management, [6] [7] [8] [9] jewelry and aesthetic medicine. [10]
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. [6]
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, [5] 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. [7] [11]
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, [6] which led the company to increase its authorized capital to 50 and 75 million Baht in 2020 and 2022, respectively. [8] [9]
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. [6] [12] [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]
In late 2024, the company diversified its portfolio by investing in the jewelry sector and aesthetic medicine through its subsidiary, Grand Clinic Company. [10] [13] In 2025, it further expanded into the digital technology domain by investing in a voting and token platform under FDX Tech Singapore, through a joint venture established as MGI X Limited. [4]
Miss Grand International PCL and its subsidiary is summarized as the 5 core businesses as follows; [14]
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, Miss Universe 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, [8] [12] [15] but that was decreased to 71.42 percent after an initial public offering (IPO) in late 2023. [8] [12] [16]
Shareholders | Before an IPO [8] [12] | After an IPO [17] (December 8, 2023) |
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% 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 |