Hey Aditya

You're wait listed for the new IIMs and you might a slightly better chance of getting admission with you reserved category quota. Your selection can not be predicted very accurately, it solely depends upon you Academics, Work Experience and overall CAT score. If you have a good record then there might be chances of getting selected, you should wait for the result or consider preparing for CAT for next attempt.

The decision only depends upon the authorities and cutoff trends. All the best