The recent IPO debuts of SAMHI Hotels and Zaggle Prepaid did not witness the typical strong gains seen in the market. While SAMHI Hotels opened with a slight premium of 8%, Zaggle Prepaid had a flat debut at its issue price.

Analysts have recommended investors to exit their positions in both companies due to aggressive pricing and poor financial performance. Zaggle, a unique player in the fintech industry, has faced negative cash flow and a decline in profitability in recent years. Its IPO valuation was also deemed to be high.

Shivani Nyati, Head of Wealth at Swastika Investmart, advises investors to exit their positions. However, those who wish to hold for some gain should maintain a stop loss at 148. Similarly, Shreyansh Shah, Research Analyst at StoxBox, suggests selling shares of Zaggle and evaluating other investment options.

SAMHI Hotels, a leading hotel ownership and asset management platform in India, should also be treated with caution. The company has been experiencing poor financials over the past three years, including negative net worth and increased borrowings.

According to Anushi Vakharia, Research Analyst at StoxBox, investors should book profits on the listing day for SAMHI Hotels and monitor the company’s financial performance in the coming quarters.

In conclusion, the lukewarm IPO debuts of SAMHI Hotels and Zaggle Prepaid, coupled with their poor financial performance, have led analysts to recommend selling positions in both companies. Investors are advised to explore other investment avenues to mitigate potential losses.