Let me share my friend’s experience when he also faced similar doubts. Getting a call and converting are different things. Your chances of getting into the top IIMs are low. If you secure 99+, you are still able to be in the competition.
Besides, GD-PI performance will always be beneficial and if you are selected, work experience can be extremely helpful in terms of job placement.
You can also apply for MDI and SP Jain as they are also very good institutes.