Hello Mangesh, The cutoff is usually based on College/ University wise... every college/ university has their own preference. kindly share college/ university name you are looking for, so that i can give you exact information...

All the best 

Mangesh please clarify which college you are talking about and if possible also tell me about how much percentile you scored in both MAH-CET and GMAT exam. This will help me in figure out how much is the possibility for you to get a call and get admission in that college. Along with that, I will also be able to tell you about the college cut-off and how good is the college in term of placement and ROI. This will help you in figure out the quality of your college for yourself. WIth your percentile, I will also be able to suggest you the other colleges where you might have a good chance to get admission. This will again help you in figuring out the best choice for you.