As I have interacted with the ex-students online, I got to know some facts about IIM Indore. These facts might also be helpful to you as they can provide you with an answer to your question.

• The first IPM batch was the 2011 batch which attained 100% placements. 
• The average ranged around 10 LPA. 
• Various students were placed by means of PPIs which they won through case study competitions like Nomura Investments. 
• The hiring status of IPM students ranged from startups to big renowned companies such as Deloitte, ICICI Bank, etc. 

As a student of IPM, one would certainly be able to pave the way to a non-disappointing and successful career.