NMAT

Probably not. It is not that worth. Also, they tend to take re-examinations quite often.

Top 5 colleges are-
ICFAI Business School
Alliance Manchester Business School
SVKM NMIMS
SRM University
Women school of business.

Follow the link:
https://www.shiksha.com/mba/colleges/mba-colleges-ahmedabad

Yes you are eligible for filling the form of NMAT, SNAP and other MBA entrance exams too.
Good luck!

Hello!
http://sbm.nmims.edu/students/placements/
Kindly visit the given link to know about the placements of NMIMS-SBM's MBA program of 2016-18 batch.
And the cutoff hovers around 207-209, considering the past years' record.

Hello! It simply depends upon which B-school you want to get admission into. Those aiming the IIMs must give CAT XLRI accepts only XAT IIFT score is accepted by both the IIFT campuses (New Delhi & Kolkata), and CMAT is accepted by JBIMS, Sydenham, GIM, etc. Preferably it is advised to give 2-3 exams since their difficulty level never remains same and one also has a backup in case he/she falters in one exam. https://www.shiksha.com/mba/articles/20-mba-entrance-exams-you-can-take-this-year-blogId-11473 Kindly visit the given link, it would provide you with more insights.

Hello,
The best B-schools accepting the above-mentioned MBA entrance exams are:-
1. CAT – IIMs (old ones), SP Jain, JBIMS, FMS.
2. NMAT - NMIMS (Mumbai campus)
3. XAT, XLRI, SP Jain
4. MAT, BIMTECH, SIES, NL Dalmia, IPE.

MBA is a prestigious degree but all waste of time and money if not done from right place. So if I talk about a better curriculum, opportunities, exposure and also placements of course, LMTSM is better option. Salary package offered to the students during the campus placement by recruiters is also good enough and if you're an extraordinary student may possible you get more better opportunity and support by the management. In my opinion you should apply for LMTSM.
All the best.