NMAT exam is an entrance exam for admission to various management programs offered by NMIMS Mumbai/Bangalore/Hyderabad and IBS Hyderabad, among others.
A score of 206 in NMAT is not high enough to receive a call from NMIMS Mumbai/ Bangalore/ Hyderabad, which means you will not be considered for admission to these top-ranked institutions.
IBS Hyderabad will contact you for the joint interview in their Hyderabad campus, but depending on your score, you may be allocated to one of the other IBS campuses like Mumbai, Gurgaon, Jaipur, etc. IBS Hyderabad ranks higher than these other campuses. Therefore, carefully consider your options and make an informed decision based on your goals and preferences.