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As informed by the admin team, results should be coming out from Next week. Not sure about % of seats.. But i think admin will keep eligible candidates in waiting list till round 2 is also over. There are only 2 rounds.
Yes, i just checked there are 3 rounds. Selected candidates will be drclared, and few from round 1 will be wait listed, and if there are no better candidates from next rounds wait listed candidates will be confirmed. I have read this in other blogs from previuos year intakes.
I am not sure about the convertion rate in previous years, admissions team is not comfortable sharing that data, but i think its simple to calculate number of seats by number of applications. Which we will know only after we get the admission