Hey Fariya !
Since you have passed your Class 12. This means that for appearing in the KVPY Exam, you must enroll yourself in a B.Sc. degree first of all, because, being in a Engg or Med. field, you won't be able to appear for the exam.
Thus your stream would be SB.
As per the norms of the Examination for the candidates appearing for KVPY Stream SB, they must secure a minimum of 60% in Mathematics and Science subjects for being elligible.
Your aggregate of 53.4% falls behind in this aspect making you ineligible.

Hope this helps.

Good Luck !

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