Hello Vsrinu, 

There are number of coaching institutes providing best class facility to student like ; Careerlauncher, IMS, TIME etc. Each and every coaching institute has its own unique USPs.

I am listing below the 5 best institutes for IIM IPM Preparation :

• Smartprep : They provide online study material, FREE CAREER COUNSELLING. They also provide concession in fee various time. Every year students get selected in IIM from this coaching.
• Career Launcher : This coaching is well-known for CAT and Management programs.
• TIME : This coaching is also called as the pioneer of Coaching for exams.
• IMS
• Pratham

Course Description :

• IIM-IPM is the five-year Integrated Programme in Management launched by IIM Indore in 2011, is the first of its kind in India.
• This programme has been accredited by the Association of MBAs, London (4th and 5th Year).
• It is a creative and unique programme for young students with managerial and leadership aspirations.
• Through the IPM, IIM Indore attracts young students, and shape them as outstanding leaders through a world-class education.

Eligibility criteria for IIM IPM :

• Candidates satisfying the following criteria are eligible to apply for the Five-Year Integrated Programme in Management (IPM 2018) of IIM Indore.
• General/OBC Category: The candidate must have minimum 60% marks in 10th and 12th standard or equivalent exam. 
• SC, ST and PwD Category: There is 5 % relaxation for this category. The candidate must have minimum 55% in standard 10th and 12th or equivalent examinations.

Pattern of the exam :

• There will be three sections in the Aptitude Test namely Quantitative Ability (Multiple Choice Question-MCQ), Quantitative Ability (Short Answer Question-SA) and Verbal Ability (Multiple Choice Question-MCQ).
• Each question will carry 4 marks.
• There will be a negative marking of 1 negative mark for each wrong answer except Quantitative Ability (SA) Section (these questions will not carry any negative marking).

Hope this helps!!

Good Luck :)