Hey!
The paper has 2 sections i.e. quant and verbal ability section.Quant includes topics such as time speed distance,profit and loss,time and work(all basic topics) AND higher level maths such as matrices and determinants,logarithms,sets,relations and functions, sequences and series( which will be covered in 11th and 12th maths)
Verbal ability section consists of Reading comprehension,word meanings,paragraph rearrangement. And to prepare this section, read English newspaper, novels, books as much as you can. Give at least 3-4 hours daily for preparation. And try to give 11-12 months for preparation of ipmat.
Thank you
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