Hi!
Congrats to your friend for clearing the BBA CET conducted by IPU.
The rank he/she has secured can be considered as average but he/she can manage to get admission into a good to average college. It is advisable to freeze the college that they'll get in the first round of counselling but wait for the 2nd or the 3rd round as chances of getting a better college increases.
Some of the colleges that they can get are:

1) Institute Of information Technology And Management
2) Trinity Institute Of Professional Studies
3) Rukmini Devi Institute Of Advanced Studies
4) Fairfield Institute Of Management And Technology
5) Delhi School of Professional Studies And Research
6) New Delhi Institute Of Management
7) Kasturi Ram College Of Higher Education
8) Delhi Institute Of Rural Development
9) Chanderprabhu Jain College Of Higher Studies
10) Lingaya's Lalita Devi Institute Of Management Sciences
I have listed a few of them but there are many more.
Hope this helped.
Thank you