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IIM First Merit List 2025 & 2024 | All IIMs Result Dates + Official Links

IIM First Merit List 2025 & 2024 | All IIMs Result Dates + Official Links

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IIM First Merit List 2025 & 2024 | All IIMs Result Dates + Official Links | Azucation
CAT 2024 · Updated May 2025

IIM First Merit List 2025 & 2024 — All Colleges, Exact Dates & Official Links

College-wise first admission offer dates for all 21 IIMs plus FMS, XLRI, MDI, SPJIMR, IIFT, and other top B-schools — covering both the CAT 2024 (2025–27 batch) and CAT 2023 (2024–26 batch) cycles, with direct links to the official result portals where candidates can log in and check their status.

Amiya Kumar  ·  CAT 99.99 percentiler
📅 Last updated: May 2025
8 min read
21
IIMs Covered
2
Admission Cycles
30+
B-Schools Listed
8
CAP IIMs

What is the IIM First Merit List — and why does the date matter?

After the CAT exam results in December, IIMs begin a multi-stage admission process: PI shortlists come out in January, WAT and Personal Interview rounds happen February through March, and then — the moment every aspirant waits for — the first merit list (final admission offer list) drops in April or May.

The first merit list is the actual admission offer. It is categorically different from the PI shortlist. Being on the first merit list means you have been offered a seat in that IIM's flagship MBA/PGP programme. You must respond — typically within 5–7 days — by accepting the offer and paying the seat acceptance fee. Miss the deadline and the seat goes to the next candidate on the waitlist.

Tracking the exact date of each college's first list matters for two reasons. First, if you receive multiple offers, you need to know which ones come out earliest so you can make an informed decision without losing any seat. Second, the release date triggers the waitlist movement — once the first round of acceptances is complete, rejected seats cascade down the waitlist, often into July.

This page compiles exact (or best-available-approximate) first merit list dates for both the 2024 cycle (CAT 2023) and the 2025 cycle (CAT 2024) for all 21 IIMs and leading non-IIM B-schools, with direct links to each institution's official result portal.

Process

The IIM Admission Journey — Step by Step

From CAT exam to offer letter — here is how the full cycle unfolds

📝

1 · Sit CAT

CAT is held in November. Results come in mid-December. Your scaled score and sectional percentiles determine which IIMs you are eligible to apply to.

📋

2 · PI Shortlist

IIMs release their PI shortlists in January. This is based on CAT score, academics, work experience, and diversity. Getting a PI call is not an admission offer.

🎤

3 · WAT & PI

Written Ability Test and Personal Interview rounds are conducted February through March at IIM campuses or partner cities. CAP IIMs conduct joint PI sessions.

📊

4 · Composite Score

Each IIM computes a final composite score weighing CAT score (~25–33%), PI (~30–40%), academics (~15–20%), work experience and diversity (~15–25%).

🏆

5 · First Merit List

The first admission offer list is published April–May. Selected candidates get an offer letter. You typically have 5–7 days to accept and pay the seat-lock fee.

📈

6 · Waitlist Movement

As candidates decline offers (to join higher-ranked IIMs), seats move down the waitlist May through July. General category waitlists at IIM-L, K, and I often move 300–600+ places.

2025 Sequence

First Merit List Release Order — CAT 2024 Cycle

IIM Ahmedabad leads every year; the full sequence runs over ~4 weeks

Section 1

IIM BLACKI + IIM Rohtak & Mumbai

Premier IIMs running fully independent admission processes. These are the most-tracked result dates.

IIM / Programme 2024 First List (CAT 2023) 2025 First List (CAT 2024) Official Result Portal How to Login / Notes
A
IIM Ahmedabad
PGP · PGP-FABM
14 Apr 2024 16 Apr 2025 pgpadm.iima.ac.in Login with CAT Registration No. + registered email ID. Consistently the first IIM to publish results.
B
IIM Bangalore
PGP (MBA)
23 Apr 2024 21 Apr 2025 iimb.ac.in/admissions Login → PGP → Final Result section. PI weightage 40%; graduation marks now included in final score.
C
IIM Calcutta
PGP (MBA)
1 May 2024 29 Apr 2025 iimcal.ac.in Admissions → PGP → Admission Results dashboard. CAT 2024 conducted by IIM Calcutta.
L
IIM Lucknow
MBA · MBA-ABM · MBA-SM
9 May 2024 5 May 2025 iiml.ac.in Admissions → PGP. Offer acceptance date specified on candidate dashboard. ~500 seats — largest among IIMs.
K
IIM Kozhikode
PGP (MBA)
9 May 2024 8 May 2025 iimk.ac.in/admission_announcements OTP-based login with registered email ID. Stage-3 final results link visible in Admission Announcements.
I
IIM Indore
PGP (MBA)
12 May 2024 10 May 2025 student.iimidr.ac.in/login Direct student portal login. Offer acceptance window ~1 week after result. Category-wise merit list published.
S
IIM Shillong
PGP (MBA)
6 May 2024 29 Apr 2025 iimshillong.ac.in Admissions → PGP Admission Status portal. 2025 result was earlier than usual — same day as IIM-C.
R
IIM Rohtak
PGP (MBA)
28 Apr 2024 1 May 2025 results.iimrohtak.ac.in Dedicated results subdomain. Rohtak often releases before Lucknow and Kozhikode.
M
IIM Mumbai
MBA (formerly NITIE)
6 May 2024 8 May 2025 iimmumbai.ac.in Admissions → Admission Status 2025-27 Batch. NITIE became IIM Mumbai in 2023; known for Operations Management.
🔗
IIM CAP — Common Admission Process (8 IIMs via Single Portal)

The IIM CAP simplifies applications by letting candidates sit one common WAT/PI and apply to multiple newer IIMs. Results are published on a single centralised portal; individual IIMs also send separate offer letter emails.

CAP 2025 portal (CAT 2024 results): cap2025.iimbg.ac.in/login  ·  Coordinator: IIM Bodh Gaya  ·  Result date: 9 May 2025
CAP 2026 portal (CAT 2025 results): cap2026.iimj.ac.in  ·  Coordinator: IIM Jammu  ·  Results expected: ~9 May 2026

Login: CAT Registration Number + Password. Check both the portal and your registered email (including spam). CAP qualifying cutoff for General: 95 percentile overall with sectional minimums.

Section 2

CAP-Participating IIMs

8 newer IIMs under one common process — single portal for all results. 2024 CAP final results clustered late-April to mid-May; 2025 results all on 9–11 May.

IIM 2024 First List 2025 First List Result Portal Notes
BG
IIM Bodh Gaya
MBA · CAP Coordinator 2025
Apr–May 2024 9 May 2025 CAP 2025 Portal iimbg.ac.in also has individual admission page. Fee ~₹16–18 L, among lowest in IIMs.
KP
IIM Kashipur
MBA
Apr–May 2024 9 May 2025 CAP 2025 Portal Also check iimkashipur.ac.in for institute-level communication.
RN
IIM Ranchi
MBA · MBA-HRM
Apr–May 2024 9 May 2025 CAP 2025 Portal Also check iimranchi.ac.in. Offers both MBA and MBA-HRM; one of the stronger CAP IIMs for placements.
TC
IIM Trichy
MBA
Apr–May 2024 9 May 2025 CAP 2025 Portal Also check iimtrichy.ac.in. Strong for Finance and general management; South India location advantage.
UD
IIM Udaipur
MBA
Apr–May 2024 9 May 2025 CAP 2025 Portal Also check iimu.ac.in. Known for international exchange programmes and global immersion.
NG
IIM Nagpur
MBA
12 May 2024 9 May 2025 CAP 2025 Portal Also check iimnagpur.ac.in. Relatively newer addition to CAP; campus in Nagpur.
SM
IIM Sirmaur
MBA
Apr–May 2024 10 May 2025 CAP 2025 Portal Also check iimsirmaur.ac.in. Hillside campus in Himachal Pradesh.
JM
IIM Jammu
MBA · CAP Coordinator 2026
Apr–May 2024 11 May 2025 site.iimj.ac.in Released independently after CAP portal. Coordinates CAP 2026 at cap2026.iimj.ac.in.
Section 3

Newer IIMs — Independent Process

These IIMs run their own admission processes outside CAP.

IIM 2024 First List 2025 First List Official Result Portal Notes
RP
IIM Raipur
MBA
Late Apr–May 2024 7 May 2025 iimraipur.ac.in Opted out of CAP 2025; ran independent evaluation. Results via email + official site.
SB
IIM Sambalpur
MBA · MBA-BA
Late Apr–May 2024 10 May 2025 iimsambalpur.ac.in MBA 2025-27 Admission Results section on official site. Also offers MBA-Business Analytics.
AM
IIM Amritsar
MBA
8 May 2024 9 May 2025 iimamritsar.ac.in Admission portal on official site; email notification sent in parallel.
VZ
IIM Visakhapatnam
MBA
12 May 2024 16 May 2025 admissions.iimv.ac.in Dedicated admissions subdomain. Typically one of the last newer IIMs to publish results.
Section 4

Top Non-IIM B-Schools

FMS, XLRI, MDI, SPJIMR, IIFT, and other premier B-schools — many competitive with or superior to newer IIMs in placements.

College / Programme Exam 2024 First List 2025 First List Official Result Portal Notes
FMS
FMS Delhi
MBA Full-Time (DU)
CAT ~Apr 2024 19 Apr 2025 fms.edu/admissions Results & Notifications → MBA Full-Time. Fee ~₹2.3 L with avg placement ₹34 LPA — unmatched ROI.
XL
XLRI Jamshedpur
PGDM-BM & PGDM-HRM
XAT ~Early Apr 2024 25 Apr 2025 xlri.ac.in/admissions Login with XAT ID. India's premier HR + general management school. Avg package ₹31 LPA.
MDI
MDI Gurgaon
PGDM
CAT ~Early May 2024 14 May 2025 mdi.ac.in/admission AACSB accredited. MDI admissions dashboard; email notification. Avg package ₹25.6 LPA. Strong corporate network in NCR.
SPJ
SPJIMR Mumbai
PGDM
CAT/XAT ~Mar 2024 20 Mar 2025 spjimr.org/admissions Official FAQ: final results announced in March. Fastest non-IIM among Tier-1 schools. Avg ₹32 LPA.
IIFT
IIFT Delhi / Kolkata
MBA (International Business)
IIFT/CAT 28 May 2024 16 May 2025 iift.ac.in/admissions New Admissions → Result PDF. Preferred for international trade, export-import careers. Under MHRD.
XIM
XIMB Bhubaneswar
MBA-BM
CAT/XAT ~Apr 2024 26 Apr 2025 ximb.ac.in/admissions Admission Updates → Interview Results. One of India's oldest Jesuit B-schools; strong values-based culture.
IIT-D
IIT Delhi DMS
MBA
CAT ~Apr–May 2024 14 –May 2025 dms.iitd.ac.in Admissions → MBA Result. Small cohort, intense industry integration. NIRF rank 10 for management.
SJMS
IIT Bombay SJMSOM
MBA
CAT ~Apr–May 2024 28 Apr 2025 som.iitb.ac.in NIRF rank 6 for management. Technology + management integration; strong fintech and analytics track.
MICA
MICA Ahmedabad
PGDM-C
CAT + MICAT ~Apr 2024 15 Apr 2025 mica.ac.in/admissions Requires MICAT in addition to CAT/XAT. India's only school for Strategic Marketing and Communication.
IMT
IMT Ghaziabad
PGDM
CAT/XAT ~Mar–Apr 2024 22 Mar 2025 imt.edu/admissions Releases early — among first non-IIM schools to publish results each year.
TISS
TISS Mumbai
MA-HRM & LR · MA-ODCL
TISSMAT ~Apr–May 2024 06 May 2025 tiss.edu/admissions Separate TISSMAT exam. India's premier HR management school. Very low fees with outstanding placement in HR roles.
Step-by-Step

How to Check Your IIM Result

The same process works for almost every IIM — here's what to do on result day

1
Go to the official portal
Use the direct links in the tables above. Do not use third-party sites to log in.
2
Enter credentials
Your CAT 2024 Registration Number + Password. IIM-K uses email + OTP.
3
Find the PGP/MBA result link
Look for "PGP Admission Status", "Final Result", or "Offer Letter" in the dashboard.
4
Check your email too
Offer letters are sent simultaneously by email. Check both inbox and spam folder.
5
Accept within the deadline
Typically 5–7 days after result. Pay the seat acceptance fee online via the portal.
6
Monitor the waitlist
If waitlisted, check portal and email daily. Waitlists move from May through July.
FAQ

Frequently Asked Questions

The questions aspirants ask most — answered concisely

IIM Ahmedabad releases the first merit list earlier than any other IIM every year. In 2025 (CAT 2024 cycle) the result came on 16 April 2025; in 2024 (CAT 2023 cycle) it was 14 April 2024. Check at pgpadm.iima.ac.in using your CAT Registration Number and registered email ID.
IIM CAP (Common Admission Process) is a centralised system where several newer IIMs share a single PI process. For 2025, the participating IIMs were IIM Bodh Gaya (coordinator), IIM Kashipur, IIM Ranchi, IIM Trichy, IIM Udaipur, IIM Nagpur, IIM Sirmaur, and IIM Jammu. The CAP 2025 merit list was released on 9 May 2025 at cap2025.iimbg.ac.in/login. For CAP 2026, IIM Jammu coordinates, and results are expected around 9 May 2026 at cap2026.iimj.ac.in.
These are two very different stages. The PI shortlist (released in January) is just a call for the Written Ability Test and Personal Interview — it does not mean you have been admitted. The first merit list / final result (released April–May) is the actual admission offer. Only candidates on the first merit list (or waitlist) have a shot at a seat. Getting a PI call from 10 IIMs does not mean you will receive 10 offers.
The process runs over roughly four weeks. In 2025: IIM Ahmedabad was first on 16 April; all BLACKI IIMs had published by 10 May; the CAP cluster and newer IIMs followed on 9–17 May. Every IIM had its first list out by 17 May 2025. Non-IIM colleges like FMS and XLRI are faster — both published before IIM Bangalore.
Most IIMs give candidates 5 to 7 days from the result date to accept the offer by logging into the portal, confirming acceptance, and paying the seat-acceptance fee (typically ₹50,000 to ₹1,00,000, adjusted against the first year's tuition). Missing this deadline usually means the seat is automatically offered to the next candidate on the waitlist. The exact deadline is always stated in the offer letter and on the dashboard — check it immediately after receiving your result.
Not at all. IIM waitlists see significant and predictable movement between May and July each year. When selected candidates decline offers to join higher-ranked IIMs or other schools, the vacated seats cascade down the waitlist. At IIMs like Lucknow, Kozhikode, and Indore, general category waitlists can move 300–600+ positions. Candidates on the waitlist should check their portal and email daily and have their documents and acceptance fee amount ready at all times.
IIM Ahmedabad, Bangalore, and Calcutta require roughly 98–99.5+ overall percentile, with sectional minimums of 85–95+ per section. IIM Lucknow, Kozhikode, and Indore typically need 95–98 overall. CAP IIMs share a common qualifying cutoff of 95 percentile (General) but the effective first-list cutoff is higher — because the final composite score weights academics, WAT, PI, work experience, and diversity heavily. A 95 percentile with weak academics and no work experience is less competitive than a 90 percentile with strong academics and relevant work experience at many of these schools.
FMS Delhi offers one of the highest ROI in global management education — fees of just ₹2.3 lakh for a programme that delivers average placements comparable to IIM Lucknow (₹30+ LPA). IIM Lucknow charges approximately ₹19–20 lakh. In purely financial ROI terms, FMS is unbeatable. However, IIM Lucknow has a larger alumni network, more seats (500+), and the IIM brand cachet that opens doors in certain sectors. The right choice depends on your career goals: if placements in consulting or finance in Delhi-NCR are the goal, FMS is exceptional. If you value the IIM network and a residential campus experience, IIM Lucknow may be worth the higher fee.
Azucation was founded by Amiya Kumar, a CAT 99.99 and XAT 99.99 percentiler based in Ranchi, Jharkhand, with over a decade of CAT coaching since 2013. We offer personalised GD/PI and WAT preparation covering all IIMs and top B-schools — including profile-specific preparation, mock interviews, and written ability test feedback. Open to candidates with CAT score above 90 percentile. Contact: WhatsApp 9905050159 or email amiya@azucation.org.in.

Azucation established in 2013 is a leading CAT coaching institute in Ranchi, Jharkhand with a vision to impart empirical learning in competitive exams in a classroom coaching.

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