IIM Udaipur placements are decent but not stellar, with summer internships showing concerning gaps this year and finals going relatively well. The OP confirmed - "SIPs are not going great. Finals are decent.
Audited report is said to come out soon" and noted "quite a decent amount of juniors unplaced as of now. Not a lot of companies coming in." IIM Udaipur (Rs 23L fees, Rs 17 LPA avg) sits in the "new IIM" tier with batch strength of ~400 students.
Companies that regularly recruit: JPMC (IB and relationship manager roles), Goldman Sachs (limited), Accenture Strategy (top consulting), KPMG, major FMCGs for sales (Mahindra, Asian Paints, Wagh Bakri, Maruti, Amul, ITC). Finance SIP is possible but requires strong profile signals (CFA L1 or finance work-ex). Around 130-150 students were unplaced at time of the AMA - a real concern.
Top 20% of batch at IIM Udaipur cross Rs 20-25 LPA finance/consulting offers; bottom 30% settle for Rs 9-12 LPA IT consulting and retail banking MT programs. If you have a stronger call (IIM Kozhikode Rs 24L fees Rs 28 LPA, IIM Indore Rs 16.5L fees Rs 25 LPA), pick that over Udaipur.
At 99+ percentile, do NOT join Udaipur - go for ISB next year or IIM BLACKI via waitlist. Udaipur makes sense for 93-97 percentilers who want an IIM tag + don't want to retake CAT. The campus is strict on attendance, feels school-like, but has good club and fest culture.
Check your eligibility at collvera.