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IBS Mumbai Course Admission 2025: Courses, Dates, Fee, Eligibility & Selection Process

Powai, Mumbai

3.8 /5

(206 Reviews)

380 Student Q&A

Private Institute
Estd. 1995

Last updated on 11 Nov '25

IBS Mumbai Admissions
What's new?

IBS Mumbai admissions 2026 are open. Interested students can visit the official website to apply for their desired course. A few more updates are as follows:

The IBSAT 2025 applications are open for the MBA/PGPM 2026 intake, and the application submission is available up to Dec 19, 2025. Additionally, the IBSAT 2025 test will be conducted on Dec 27 and Dec 28, 2025.
The XAT registration process 2026 is now open for MBA/PGDM courses. The last date to register is Dec 5, 2025. Furthermore, the XAT 2026 exam will be held on Jan 4, 2026.

IBS Mumbai Admissions

Table of content

IBS Mumbai Admission Overview 2025
IBS Mumbai Eligibility & Selection 2025
IBS Mumbai Admission Process 2025
- IBS Mumbai MBA Admission Process 2025
- IBS Mumbai PhD Admission 2025
IBS Mumbai Application Process 2025
IBS Mumbai Scholarships
+ 2 more items

Video stories

Placements

IBS Mumbai Admission Overview 2025

IBS Mumbai course admissions is open. The two-year course is offered in a full-time mode. The IBS Mumbai admission process is entirely entrance-based. The selection for this course is made on ICFAI Business School Aptitude Test (IBSAT). Studebts with the accepted scores in CAT/GMAT/XAT/NMAT by GMAC are also applicable to apply. Additionally, students must go through the requirements for admissions before registering themselves for the course. Currently, admission to IBS Mumbai for the AY 2025 is open.

Commonly asked questions

Q: Can I get direct admission to IBS Mumbai?

No, IBS Mumbai does not offer direct admission. The admission process is strictly entrance-based. Aspirants are required to take the IBSAT exam to become eligible for admission to the PGPM course. In addition, candidates with the required minimum score in CAT/XAT/NMAT or GMAT are also eligible to apply and are exempted from IBSAT exam. After this, the shortlisted candidates have to participate in the Micro Presentation and Personal Interview round for final selections. Check complete details about IBS Mumbai admission process.

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Q: How difficult is it to get into IBS Mumbai for PGDM?

IBS Mumbai is one of the top-ranked colleges in India. Getting admission to IBS Mumbai is every student's dream. The college offers admission to various students based on merit, entrance exams, and interview rounds. The accepted entrance exams are CAT, XAT, MAT and others. The institute selection for this course is carried out through the ICFAI Business School Aptitude Test (IBSAT). Shortlisted candidates are called for interview and final selection is based on academic performance and personal interview conducted by the institution itself.

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Q: Does IBS Mumbai accept CAT score for MBA?

Yes, IBS Mumbai does accept a valid score of CAT for IBS Mumbai PGPM course. In addition, candidates with a 60 percentile and above CAT score are exempted from writing the IBSAT 2023 exam. Moreover, apart from this, it is also crucial that the aspirants fulfil the course-specific eligibility requirements as prescribed by the ICFAI Business School, Mumbai. For more details about the CAT entrance examination, Click Here.

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IBS Mumbai Eligibility & Selection 2025

The applications of only the candidates who meet the minimum eligibility criteria are treated as valid. It is also necessary that the candidates hold the relevant documents as proof of eligibility. The table given below mentions the IBS Mumbai course eligibility and selection details:

Course	Eligibility	Selection Process
PGPM	UG degree in any discipline with a minimum of 50% aggregate	IBSAT/CAT/GMAT/NMAT by GMAC/XAT + Micro Presentation + Personal Interview

Commonly asked questions

Q: What is the CAT cutoff percentile for IBS Mumbai MBA admissions?

IBS Mumbai cutoff percentile for MBA admission through CAT is 70 percentile. Candidates seeking IBS Mumbai admission must have a valid score in order to be eligible for Group Discussions and Personal Interviews. Tabulated below are the year-wise cutoff percentile for IBS Mumbai for CAT:

Post Graduate Program in Management (PGPM) - IBS Mumbai : CAT percentile Cutoff (General-All India)
Section	2020	2021	2022
Overall	70	70	70
Quants	40	40	40
VA-RC	40	40	40
DI-LR	40	40	40

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Q: Is IBS Mumbai admission open for 2025?

Yes, IBS Mumbai admission 2025 are open. The University accepts IBSAT exam or other national-level entrance exams, such as CAT, GMAT, or NMAT, to get admission to the MBA course. The process of selection is based on Micro Presentation and Personal Interview rounds. Final admission is confirmed post-fee payment. Aspiring candidates must qualify the eligibility criteria set by the institute for the desired course.

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Q: Does IBS Mumbai accept CAT percentile?

Yes, IBS Mumbai accepts CAT, IBSAT, and other exams to shortlist candidates for the MBA exam. Candidates aspiring to take admission at ICFAI Business School (IBS), Mumbai must meet the eligibility requirements laid down by IBS and should have the relevant documents to complete the admission process. Given below are the eligibility and selection process for course offered at IBS Mumbai.

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IBS Mumbai Admission Process 2025

IBS Mumbai admission procedure begins with the registration process and ends after the final seat allotment. More details on each of the stages of admissions are mentioned below:

Step 1: IBS Mumbai Application Process/IBSAT Registrations

For admission to IBS Mumbai by ICFAI Mumbai), candidates who meet the eligibility requirements can apply in either online or offline mode. Candidates applying with an IBSAT score must complete the registration process. All the details must be filled out carefully in the form and as per the official documents. To submit the application carefully, an application fee of INR 1,800 must be paid via credit card/debit card/net banking.

Step 2: Group Discussion & Personal Interview

Admission at IBS Mumbai is entrance-based. The candidates are shortlisted based on merit in either IBSAT or GMAT/CAT/ XAT/ NMAT by GMAC. Candidates' performance in the last qualifying examination is also taken into consideration. Furthermore, shortlisted candidates are called for group discussion and personal interview rounds for seat allotment.

Step 3: Admission Confirmation

After the final result declaration, admission letters are issued to the selected candidates. Such candidates can further confirm their seats by paying the required amount of fee.

Commonly asked questions
On Admissions

Q: Which entrance exam is accepted by IBS Mumbai?

ICFAI Business School conducts ICFAI Business School Aptitude Test (IBSAT) for admission to its Management courses. However, it is not compulsory for selection. Aspirants with a required score in other accepted exams: CAT/GMAT/NMAT by GMAC/XAT are also eligible to apply. Moreover, aspirants shall check out the eligibility requirements before applying for the course. Candidates are shortlisted based on accepted exam scores for further selection rounds. Read more on IBS Mumbai admissions here.

IBS Mumbai MBA Admission Process 2025

1 courses 2 years

Admissions Open! Apply Now

ICFAI Business School (IBS) Mumbai offer a two-year PGPM course. Admission to the course is decided according to the scores achieved in the entrance. IBS Mumbai accepts IBSAT/CAT/GMAT/NMAT by GMAC scores. Candidates shortlisted are then called for Group Discussion and Personal Interview (PI) rounds.

Total Tuition Fees₹ 8.3L

Eligibility Criteria

Undergraduate Degree with 50% aggregate
Accepting Exams: NMAT, IBSAT, XAT, CAT

Dates & Events

Dates	Upcoming Events
30 Nov '25	CAT 2025 exam
10 Jul '25 - 5 Dec '25	XAT 2026 Exam registrationOngoing
Jul '25-Dec '25	MBA/PGDM IBSAT 2025 Applications OpenOngoing
28 Oct '25 - 16 Dec '25	NMAT 2025 Admit Card IssuanceOngoing
1 Jul '25 - 19 Dec '25	IBSAT 2025 RegistrationOngoing

Dates	Past Events
12 Nov '25	CAT 2025 admit card download
1 Aug '25 - 18 Oct '25	NMAT 2025 Registration Window
1 Aug '25 - 20 Sep '25	CAT 2025 registration

Commonly asked questions
On MBA/PGDM Admissions

Q: What is the IBS Mumbai admission process for PGPM?

ICFAI Business School, Mumbai admission process for PGPM programme is entirely entrance-based. The applicants are shortlisted based on merit in the accepted exams such as IBSAT/CAT/ GMAT /NMAT by GMAC/XAT. Candidates fulfilling the prescribed criteria are exempted from IBSAT exam. Further, the shortlisted candidates are called for personal interview and group discussion round. The final selection is done based on performance in the selection rounds. Read more on admission process, here.

Q: What is IBS Mumbai cutoff 2024 for MBA?

Based on IBS Mumbai cutoff 2024, the cutoff percentile required for MBA stood at 70 percentile overall in CAT 2025. Candidates shortlisted on the basis of the scores obtained in entrance exams like CAT. XAT, NMAT, IBSAT are called for the Personal Interview round where candidates are further screened for final selection at the institute. The sectional cut off in CAT for MBA at IBS Mumbai stood at 40 for the General AI category candidates.

View course details

IBS Mumbai PhD Admission 2025

1 courses 3 years

IBS Mumbai provides full-time PhD programmes in Management with specializations in Marketing, Finance, Operations, and HR, and an independent PhD in Economics. The programmes equip students to become teachers, researchers, and management consultants. Admission is through IBSAT 2025 or recognized national-level examinations, with exemptions for qualifying candidates. Full-time PhD scholars are provided with fellowships, free boarding, and exposure opportunities abroad under the Visiting Scholar Programme.

Eligibility Criteria

Undergraduate Degree with 50% aggregate

View course details

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IBS Mumbai Application Process 2025

The application is accepted by IBS Mumbai in both online and offline modes. Candidates seeking admission must register for the IBSAT exam. In addition, aspirants want to apply with another exam score shall visit the ICFAI Business School, Mumbai's official website to apply. For offline applications, eligible candidates can visit the admission office in person to get IBS Mumbai course admissions for MBA. Further, the steps to complete the online application procedure are as follows:

Step 1: Visi the IBSAT registration portal at (https://admissions.ibsindia.org/)

Step 2: Fill out the admission form with all the information about personal and educational details.

Step 3: Proceed with the application form and pay an application amount of INR 1,800.

List of Important Documents:

The documents that shall be kept ready for the application process are:

Bachelor’s degree
Passport size photograph
Aadhar Card
Caste Certificate (if applicable)

Commonly asked questions
On Application Process

Q: How to apply for IBS Mumbai?

IBS Mumbai accepts applications via online and offline modes. For offline applications, aspirants need to visit the campus in person. Moreover, PGPM course admission is through IBSAT. Thus, aspirants must complete IBSAT registration. Aspirants seeking admission through any other entrance test can visit the official website to apply. The steps to be followed for online application form submission are as follows:

Visit the IBSAT official website.
Fill out personal, educational, and other details in the application form.
Proceed and pay the application fee of INR 1,800 to submit the application successfully.

After the fee payment, candidates are informed through mail/SMS with the application number and password.

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Q: How costly is studying at IBS Mumbai?

IBS Mumbai is a well known institute which offers PGDM programme to the students. The fee structure for the MBA programme is INR 9.1 lakh. The fee structure inculdes tuition fee for the two-year programme. The highest and average package offered during IBS Mumbai placements 2024 stood at INR 20 LPA and INR 8.03 LPA, respectively. The institute has good ROI as per the fee structure.

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IBS Mumbai Scholarships

IBS provides scholarships worth Rs 10 crores to deserving and meritorious students. The college offers scholarships to top performers of IBSAT 2025. To be eligible to avail scholarship candidates are required to fulfil the eligibility criteria set by the college. IBS aims to award 500 merit scholarships for the class of 2027 to deserving candidates falling under the aforementioned categories. Each scholarship amounts to INR 2 lakh per candidate, with the flexibility of adjusting Rs 1 lakh each in the first and second-term instalments against the program fee. Candidates can check the details about IBS Mumbai scholarship:

For Toppers in IBSAT Candidates who secure top ranks in IBSAT 2025
For Wards of IBS Alumni
For Physically Challenged Candidates
For Wards of Defence Personnel (In-service/retired) from Army, Airforce, Navy, and Paramilitary Forces.

Further, To avail themselves of these prestigious scholarships, candidates must fulfil the following terms and conditions:

Eligibility: Scholarships will only be offered to candidates who have appeared for the IBSAT- 2025 test and have successfully qualified.

Admission and Registration: Candidates are required to complete the admission process, pay the requisite admission fee, and register on the specified date to be eligible for the scholarship.
Applicability: The awarded scholarship amount can be adjusted solely against the program fee and payment and cannot be utilized for any other purposes or fees.
Withdrawal Policy: In the event of candidates withdrawing from the programme for any reason, any applicable fee refunds will be calculated after deducting the scholarship sum granted earlier.

Commonly asked questions
On Admission

Q: What is the CAT cutoff for IBS Mumbai?

Find below the trend for IBS Mumbai CAT cutoff for PGPM:

PGPM - IBS Mumbai: CAT percentile Cutoff (General-All India)
Section	2019	2020	2021
Overall	70	70	70
Quants	40	40	40
VA-RC	40	40	40
DI-LR	40	40	40

NOTE: It is as per an unofficial source.

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IBS Mumbai
Students Ratings & Reviews

3.8/5

169 Verified Reviews Info Icon

4-5
56
3-4
90
2-3
21
1-2
2

Placements3.9

Infrastructure3.6

Faculty & Course4.2

Campus Life3.7

Value for Money3.8

What students say about ICFAI Business School, Mumbai

Placements

Infrastructure

Faculty

Other

LikesView All

Top recruiting companies like JP Morgan, Delloite, Neilson, ITC, ICICI Bank, Nestle, and Amazon.com visited our campus for placements.

Based on 59 Reviews

DislikesView All

There is no scope for operations and IT branches, But, there is a slight low package for HR aspirants.

Based on 24 Reviews

Shreyansh

Post Graduate Program in Management (PGPM) - Batch of 2026

4.2

5Placements4Infrastructure4Faculty4Crowd & Campus Life4Value for Money

Review about the college ICFAI Business School - Mumbai.

Placements: IBS has a reputation for placing students well. Around 95-97% of students who enroll in the placement program get placed. Approximately 200 companies come for college placements and select a handful of students, with an average CTC of 8,50,000/-. Big firms like JP Morgan, Tata, Reliance, Kantara, and Morgan Stanley also visit for placements.

Infrastructure: The college's location is excellent, situated in the heart of Mumbai, Powai, with a view of the lake. The infrastructure includes an auditorium, online lectures, a library, large classrooms, a gym, and three canteens with delicious food.

Faculty: The faculty is excellent, with most having over 15 years of teaching experience. Even the visiting faculty have similar experience. All the faculty members are friendly and helpful in every situation. Exams are held semester-wise, with mid-semester and end-of-semester exams.

Other: The crowd here is very good, and everyone is well-versed. There are around 27 clubs and 3 committees, where you can enroll in a maximum of 3 clubs and one committee.

Reviewed on 12 Aug 2024Read More

Bhavya Mathreja Verified Icon

Post Graduate Program in Management (PGPM) - Batch of 2021

4.4

5Placements4Infrastructure4Faculty5Crowd & Campus Life4Value for Money

Great institute potential to become a top business college.

Placements: If you have an IBS, you will have a lot of placement opportunities. Colleges have separate teachers who take care of placement activities. For our marketing batch, more banks like ICICI Bank, Industry Bank, HDFC Bank, Aditya Birla Finance, DBS Bank, and EY, like many other companies, hire students from our college. The package is 10 LPA, which is mostly what students got. Summer internship programme that we need to do for 8–12 weeks where big firms like JP Morgan, Deloitte, and Morgan Stanley offer internships with salaries up to INR 50,000.

Infrastructure: We are in Mumbai, so obviously the college campus is small, the college infrastructure is modern, and it is located in key areas like Powai, which have many transportation options. The college gym is very small, but important equipment is a mission. Because of the small campus, there are no big sporting events conducted on campus. The college library is filled with a lot of books that students can use to gain good knowledge. Classrooms are fully air-conditioned, with projectors and comfortable desks. Our college does not provide any hostels, and the college area is very expensive; it is not affordable for a normal student, so we leave the outer area of the city for daily travel, where 1 BHK rent is 15,000, which is the cheapest.

Faculty: IBS Mumbai only offers a PGPM program; faculty members from the college possess great skills. They are mainly focused on our presentation and communication skills. They are your mentors until you get placed. In one semester, there are a midterm and a final term, which makes for two exams per semester. So in total, you have to excel in 8 exams. The course is much more practical-oriented; it deals with skills that are essential in industries.

Other: There is only one thing I wish to improve: expenses. College feels that living costs are very high, and middle-class students cannot afford them.

Reviewed on 27 Jun 2024Read More

Anonymous

Post Graduate Program in Management (PGPM) - Batch of 2022

4.6

5Placements4Infrastructure5Faculty5Crowd & Campus Life4Value for Money

Great Choice IBS Mumbai To Do PGPM.

Placements: IBS is known for its placement as the best B-school in India. From the third semester, students are eligible for placements, including the Big Four and companies like Oxane, Digital Marveled, Teach Lip, etc. Many companies hire students, and our alumni work in top companies across the world. If they have any openings, they hire from our college. Our marketing profile offers a salary of 22 Lacs, the highest for our batch. 95% of students get placed, with an average salary of 7 Lacs. Most students secure good jobs after graduation.

Infrastructure: The campus infrastructure is very poor; there is no ground for sports, games, or events. The auditorium is basically a hall with chairs and a dias. Our fest, Konflex, is amazing and includes many dance, singing, and flash mob competitions. Classrooms are spacious and equipped with projectors and smart boards. The college does not have any hostels; instead, they allocate rented rooms, but no one took them. Rooms in Powai are expensive, so we stay in Navi Mumbai, where the rent for a 2BHK accommodating 4 students is 20,000.

Faculty: Teachers at IBS are very helpful; they focus on the overall development of students, working on our personality and communication skills. Teachers at IBS are graduates of IIM and NIT. The course is the same for everyone in the first year, but later, as per specialization, students' subjects differ. Marketing is strong at IBS, with each batch having a capacity of 100 students. There are two exams in each semester, along with additional quizzes between exams. Exams are challenging, and very few students clear all subjects.

Other: The workload is intense, but I believe it's worth it. In my opinion, IBS is a great choice for PGPM.

Reviewed on 14 Jun 2024Read More

Anonymous

Post Graduate Program in Management (PGPM) - Batch of 2025

3.6

4Placements4Infrastructure4Faculty3Crowd & Campus Life3Value for Money

IBS college is very good and I would suggest this college to my juniors.

Placements: More than 70% students are placed in PGPM course. The highest package offered is 12 Lacs and the lowest package is 7 Lacs. Top recruiting companies are Deloitte, Tata Capital, Wipro, HCL, and Google. More than 80% of the students got internships from PGPM course. Top companies are Aditya Birla Capital, HDFC, L&T, and Propencher. Sales executive and Manager are the roles offered.

Infrastructure: The library has a collection of over 34000 books of Management and other subjects. AC classrooms are available which are working and in a very good condition. You can have coffee in the short time break at Nescafé. The canteen has a lot of variety to eat for lunch. Medical facilities are provided by our college. Indoor games are available in our college including Table tennis, carrom board, etc.

Faculty: The teachers are very helpful in guiding their students, they are very knowledgeable. They create power point presentations to make us understand the concepts clearly. The course curriculum is relevant and it makes the students ready for the industry. The semester exams are not that difficult. If the students are prepared, they will be able to score good marks in the semester exams.

Reviewed on 25 May 2024Read More

Pradnya Kunder Verified Icon

Post Graduate Program in Management (PGPM) - Batch of 2022

4.2

5Placements4Infrastructure3Faculty5Crowd & Campus Life4Value for Money

The College has a record of 90% of placements.

Placements: Placements are great and the highest package is 15.6LPA. The average is around 7-8LPA and the lowest is 6LPA. TCS, Team Please Bank, Reliance, Google, etc. are some companies that visit the campus. The intake of college is 60 and all 60 students get placement.

Infrastructure: They don't have girls hostels facility from college itself but there is one hostel near the college which is good enough to stay until your graduation is over. The rent is around 15000 per month and along with that, you have to deposit 20000 INR for admission which is refundable. Hostel Fee is INR 170000 per year.

Faculty: I had a plan to pursue a career in marketing. Hence, I took this course PGDM-Marketing. Student to faculty ratio is 12:1. All the faculty members (99%) directly come from the industry. Maximum students are Ph.D. holders. They are exceptionally qualified and they teach us to become industry-ready. On this campus, the trimester system is there, i.e. every 3 months. End-term exams happen and in between, surprise tests and presentations are done. It is not so difficult to pass in them. If you give some attention, then you will pass the exams easily. Class size is 63 and course fees is INR 909000 per year.

Reviewed on 7 Nov 2023Read More

(1)

1 person found this helpful

Isha Goel

Post Graduate Program in Management (PGPM) - Batch of 2024

5Placements5Infrastructure5Faculty5Crowd & Campus Life5Value for Money

Review of ICFAI Business School, Mumbai.

Placements: 98% students have been placed in year 2022- 2023, the highest average package 18.17 and average CTC 8.17. Top recruiting companies include is the big 4 - Deloitte, PWC, KPMG and EY, apart from this, students have been placed in reputed FMCG and Teach companies as well. Top roles offered include - analyst, relationship managers and wealth manage roles.

Infrastructure: The college is equipped with a gym, IT lab, SQL lab and Bloomberg lab. The college is centrally air conditioned with Wi-Fi facilities. The college library and reading room helps students to study and provide reading resources in abundance. The college has three canteens and a CCD outlet and a Nescafe outlets to keep students re-energized with coffee and food. The college had a seperate club to focus on sports and fitness of students.

Faculty: The teaching staff of IBS Mumbai consists of permanent and visiting faculty members. All the faculty members are helpful and approachable. The teaching are as per relevant curriculum which make students industry ready. The semester exams focuses on case study learnings and the pass percentage of students is 100 percent.

Other: I have majoring in Marketing, the course offer a list of 18 electives to chose from as per interest of students. The college has 23 clubs and committees which focuses on holistic student development. The college conducts Annual event name Konflux and all the festivals are celebrated in the campus signifying diversity and inclusion.

Reviewed on 29 Sep 2023Read More

View All 206 Reviews

IBS Mumbai Admission 2025 FAQs

Q: What is the PGPM course of IBS Mumbai?

IBS Mumbai Postgraduate Programme in Management (PGPM) is a two-year course divided into four semesters. The course is offered in a full-time mode. Aspirants seeking admission must meet the minimum eligibility requirements. Moreover, the selection process is entrance-based. Candidates have to appear for IBSAT and secure a good score of admission. However, candidates with a valid score in CAT/XAT/GMAT/NMAT by GMAC with the required minimum score are exempted from IBSAT. Candidates shortlisted based on the exam score are further invited for group discussion and personal interview round. Read here about on Career Scope of PGDM.

Q: What is the eligibility criteria for IBS Mumbai PGPM course admission?

The minimum eligibility for IBS Mumbai PGDM is graduation in any discipline with a minimum aggregate of 50% with the medium of study being English. Atleast of 15 years of education must be completed to be eligible. Moreover, the candidates in the last year of the degree programme are also eligible to apply.

IBS Mumbai

Student Forum

Anything you would want to ask experts?

Write here...

How can I get admission at IBS Mumbai?

Answered 3 months ago

Admissions at IBS Mumbai are done through entrance examinations. Students need to first visit the college's official website and fill out an application form, and pay the application fee. They have to then sit for an either the IBSAT or other national level exams, such as CAT/ GMAT, XAT, NMAT, etc.

Jagriti Shukla

Contributor-Level 10

How to apply online for PGPM admissions at IBS Mumbai?

Answered 9 months ago

Candidates who wish to take admission to the IBS Mumbai PGPM programme via IBSAT or other national-level tests must submit an institute-level application form. The steps to apply are as follows:

1. Visit the official website of the institute and navigate to the admission portal.

2. Register as new can

Shailja Rawat

Contributor-Level 10

How can students join IBS Mumbai?

Answered a year ago

The admission process at IBS Mumbai requires a bachelor's degree with a minimum of 50%. Entrance exams are mandatory for most courses. Students must first appear for national-level entrances and then move on to university-level selection rounds for final admission. IBS Jaipur offers full-time MBA/PG

Jagriti Shukla

Contributor-Level 10

How to apply for PGPM at IBS Mumbai?

Answered 2 years ago

Candidates seeking admission to IBS Mumbai PGPM course through IBSAT, shall complete its application process. In addition, candidates applying with other exam scores, can visit the IBS Mumbai official website. The application form is made available in both online and offline modes. The steps to be f

Manori Sahni

Contributor-Level 9

From where can the students obtain the application form for IBS Mumbai?

Answered 2 years ago

Candidates seeking admission to IBS Mumbai can obtain the application form from the official website or get it from the admission/ marketing office. BS campuses are located in Ahmedabad, Bangalore, Gurgaon, Kolkata, Mumbai, and Pune.