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I guess almost everyone except few applied for PSU’s. No one will leave a PG seat if he is confident of getting in top 4 IIT’s but the guys who can’t get into these 4 will certainly weigh their options so admission to other than top 4 will be spread over a range of ranks I guess. Any rank below 1k has good scope.
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Here is what I feel about this year’s gate. Compared to last year which didn’t require much preparation for getting qualifying mark this year’s gate paper needed some effort from students to get the min marks. But for those who have prepared well in all subjects scoring 55+ is very easy only if you didn’t commit many mistakes. I’m saying this because me and my friends who gave our maximum to the preparation are averaging around 60+. I asked few of my colleagues at my gate classes their feedback was also the same. So the people who worked hard are scoring 55-60+ (and there are good number of them I know) and anyone who gave their best but prepared good are getting 40-45. So I think a large portion will fall in 40-50 category those who are above it can expect good rank.But 55+ is a tricky one to say because those who worked hard cannot be counted . I scored 60+ but I’m keeping my fingers crossed :(.
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Getting job through GATE wass not so easy till last year.Because IOCL used to give call letters for top 500 or below that only ( i heard its below 250 sometimes).This year it may change due to inclusion of more companies but I guess one should get below 1000 rank to even get a call for GD.These are not exact figures but it may give you an idea of your prospects.
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Here are ace engg academy’s rankers last year. As you can see a score of around 58 was limit for 1000th rank, and 63 for below 500.
http://www.aceenggacademy.com/main/gate-toppers-2011#bookmark6