Yes. It is absolutely worth joining IIM Indore for the IPM Program. Though, you need to clear the IPMAT and the interviews. One of my friends had completed the IPM program at IIM Indore and here are some facts that may be useful to you.

• You will have some very interesting subjects from the trinity of mathematics, social science, and performing arts. It will equip you with really dynamic skills and significant learning.
• You will meet some of the best minds from diverse backgrounds in this course. 
• There are over 15000 applications for 120 seats. Thus, you can assume the quality of peer and peer learning.
• The campus has two well-equipped gyms, an Olympic-size pool, a Finance resource centre, an Entrepreneurial incubation cell, and an Onus cashless card payment system. 
• Also, there are regular shuttle bus services for going into the city.
• The daily schedule of the students is usually packed with classes in the morning and maybe a few more in the afternoon. 
• After that, there is a complete makeover, students run to juice centers, along with the Chai shops, special Indori Poha at Poha point, HUL's Adda, and many other eating points. 

In the evening, things are a bit relaxed as people pursue their interests, sports or hang out with their friends. Things might be hectic on some days, but it will not be boring at IIM Indore.