Answer
IIM Indore states it informs shortlisted candidates in January. IIM Kozhikode publishes its Stage 2 shortlist on its registration portal, with offers around the first week of May. Interviews across the system generally run February to April following the January CAT result. No consolidated per-IIM release calendar is published, so treat this as a pattern rather than a schedule.
Question
When do IIM shortlists come out?