Both the college are very good colleges.
Both colleges provide good infrastructure facilities with smart classes, wifi, library etc. Also the faculty is supportive and always ready to share their knowledge with students.
Moving to the placements, placement records of IILM for MBA are more good than srms, also the placement records for PGDM is almost same in both colleges (around 80-90%).companies like Top recruiting companies are Zaro, airtel, byju, Superhouse, ITC, HUL, RSPL, Outlook, etc. Visit the campus for recruitment. I think this much information will help you.