Kashipur IIM is government institute of management. Due to research the general category candidate cutoff there for admission almost 94 to 95 percentile. If your score is in between this then you will get admission there. But you said you are in waiting list then wait m because some times seats are available then may be you will get chance to admission there. This college is top 6th college in IIMs. So you can check daily for this college if seat is available. And this college placement is very good actually. Higher package of salary here 40 lakh per annum and lowest package of salary 10 lakh per annum. I'll provide you a link below you can check it for more details about the college
All the best.