Hello Manish,

The maximum and minimum closing ranks are different for different categories. Its also also depend on whether you belong to Delhi region  or you are out of Delhi candidate.

so to answer  your question you can go through the following  link

https://cms.ecounselling.nic.in/CMSAdmin/Handler/FileHandler.ashx?B=115&A=153&F=183&L=P

It will help you a lot.

Yes, there is chance of getting a admission in ip university. You can refer this link for more info:

https://engineering.careers360.com/articles/ipu-cet-cutoff