Hey mradula,

Well congratulations for your score first of all!

Also hostels of ip college is always in demand and yet taken by the students of ip college in the very first cutoff. If you're able to get in Ip in the very first cutoff which apparently you will as 97 is a very good score for it,  then you may get the hostel. But the hostel usually gets filled up by the second or third cutoffs . In Ip college we have been provided with two hostels one being inside the college and other being just opposite to the college. You may apply in any of them at the time of admission. Also,  I'll refer you to choose Ip college rather than Daulat Ram at the time of admissions considering the faculty and infrastructure.

Hope this works!

Good luck!