The reason to put Shaheed Sukhdev College of Business Studies above and IIM Indore IPM can be the following. 

• Shaheed Sukhdev College is an older Institution than IIM Indore. Hence, more experienced and trails.
• It has a great peer set and the social culture is unmatched at Shaheed Sukhdev College.
• After SSCBS, you still have a possibility to join IIM Ahmedabad, IIM Bangalore, and IIM Calcutta.
• It has a great reputation in the industry as many of the alumni are working at top companies. Here are the recent placement highlights for SSCBS.

These are the possible reasons to put SSCBS over IIM Indore IPM.