Enquire Now

Enquire Now

Download Brochure

Download Brochure

ICAP Results 2023-25

Indira School of Business Studies PGDM

Indira Common Admission Process (ICAP)


Post Graduate Diploma in Management


Approved by AICTE

ICAP Results 2023

Notification for all Candidates seeking Admission to INDIRA SCHOOL OF BUSINESS STUDIES PGDM (ISBS PGDM) for the academic year 2023-24 for PGDM Program. Please READ each point very carefully to avoid any error ofomission on your part.

INDIRA SCHOOL OF BUSINESS STUDIES PGDM offers AICTE approved PGDM Program with a sanctioned intake of 480 seats. Out of 480 seats, 20% seats will be filled through the Management Quota process

The Candidates Merit List is displayed as per absolute score secured by them out of 300 in the ICAP 2023 process.

Schedule for Merit list display other than management quota.

  • First merit list (along with waiting list) on 26th June 2023
  • Second Merit List on 3rd July 2023
  • Notification for vacant seat process on 10th July 2023

All candidates short-listed in the 1st Merit List and willing to take admission to INDIRA SCHOOL OF BUSINESS STUDIES PGDM , must contact the institute on or before 5:00 PM, 1st July 2023 and confirm their admissions.

Candidates need to pay program fees for confirmation of admission through an online payment link, which will be communicated to students on their Email ID and also through SMS on their registered mobile number.

They must pay the first installment of fees of Rs. 1,00,000/- (Rupees One Lakh only) through an online ERP link forwarded to them.

The second and final merit list may be displayed depending on vacant seats available after the cut-off date of admission against 1st merit list. After the cutoff date for admission against the second merit list, the balance vacant seats if any will be filled through the vacant seat process.

Candidates from the 1st merit and 2nd merit list who could not confirm admission within the stipulated cut-off dates can apply to the institute for admission against any probable vacant seats after the 10th July 2023.

The notification for institute-level seats will be put out separately in due course of time.

Refunds against cancellation: Refunds shall be processed as per AICTE guidelines.

Documents needed at the time of confirmation of admission are:

  1. 10th standard mark sheet (Attested copy)
  2. 12th standard mark sheet (Attested copy)
  3. Graduation mark sheet (Attested copy). Students whose final year mark sheet is awaited need to get a bonafide certificate from their college.
  4. Leaving Certificate / Transfer Certificate (Attested copy)
  5. I-Card size recent colour photographs (4 Nos.)
  6. Original as well photocopy of valid score card of entrance exam (CMAT/CAT/MAT/XAT/ATMA/GMAT/MHCET) as mentioned by candidate at the time of ICAP registration.
  7. Reserved Category candidates who appeared for ICAP-2023 held and are willing to take admission must note that at the time of confirming the seat, they must possess and submit all up-to-date valid Caste Certificate, Non-Creamy Layer Certificates (as applicable) for the year 2023-24
  8. Medical Certificate at the time of reporting to the institute.
  9. Since INDIRA SCHOOL OF BUSINESS STUDIES PGDM students will be taken for a structured overseas visit during their course, candidates are advised to apply for their passports immediately. No leave will be granted for this purpose once the academic session commences.

For submitting the above documents, kindly email to admissions@indiraisbs.ac.in

Commencement of Academic Sessions will be decided based on AICTE’s guidelines and intimated to everyone. Details of the Induction Program will be emailed to all students separately. Attendance of all sessions is viewed very strictly at INDIRA SCHOOL OF BUSINESS STUDIES PGDM. For any query, please call on mobile: 7066010025.

Program-wise Links for the Merit List


  1. ICAP 2023 PGDM Program - 1st Merit List
  2. ICAP 2023 PGDM Program - 1st Waiting List

PGDM General

  1. ICAP 2023 PGDM General Program - 1st Merit List
  2. ICAP 2023 PGDM General Program - 1st Waiting List

PGDM General

  1. ICAP 2023 PGDM Marketing Program - 1st Merit List
  2. ICAP 2023 PGDM Marketing Program - 1st Waiting List

PGDM E-business Management

  1. ICAP 2023 PGDM EBM - 1st Merit List
  2. ICAP 2023 PGDM EBM - 1st Waiting List

Note: The name of the students, who have not submitted valid entrance score card or other critical documents are displayed in the waiting list. Their admission confirmation will be strictly subject to the submission of these documents. Please contact ISBS PGDM for further details on the numbers given above.

Indira School of Business Studies


New Pune-Mumbai Highway, Tathawade,
Pune – 411033, Maharashtra, India.



ISBS features in Top 100 Management Institutions In India as per National Institute of Ranking Framework (2019).

Blog & Articles

Value Investing for beginners – A key ingredient of “PGDM in Finance” Syllabus.

© 2020. Indira School of Business Studies PGDM.