Yes Kritika! There are many colleges which provide you opportunity of direct admission but only if you are not seeking only for IIMs.

Colleges like 

• IBS Hyderabad 
• FOSTIIMA Delhi
• SSIM Delhi 
• UBS Mumbai 
• NDIM Delhi,etc.

You can get yourself registered on the websites of these colleges and further they may conduct admission test of their own or interview.But the registration is not free ,you have to pay a small amount of registration fee.

But i would personally advice to take admission in the institutes through entrance exam.

Hope the information is helpful to you.