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Hi Anand,
Thanks for A2A.
The CMAt exam results are expected to be released on 8th February 2019 in Online Mode. 17th February is the expected tentative date of release of all india merit rank list.
You can apply for some colleges at this point using CAT score. The colleges that you are targeting would have opened applications and you shall have to give your CMAT ID while you apply. A few more colleges open applications after the results are released. So you can apply that time with your CMAT Score.
Generally a CMAT Score above 75 percentile is considered good to get admission in the top Tier B-Schools from CMAT.
All the best
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