Hi Sumati,

I believe you are enquiring about IBMR IBS Bangalore and not IBMR Gurgaon. IBMR IBS, Bangalore is an average college for MBA studies. The Placements are decent. On an average the package is approx 3 lakhs if you study well and have a good profile.
You can even check its reviews in the link given below:
IBMR ISB reviews

The overall ratings for Presidency College, Banglore for MBA is good. The facilities, faculties, infrastructures and other aspects are average. The highest package offered was 7 LPA while the lowest was 3.5 LPA. 

Please use the Careers360 College Compare Tool to get a detailed comparison of the two colleges.