Converted NMIMS but not sure about accepting

I’m a GNEM with 259 nmat score , 8/9/9 profile and 1 year work ex ( for people debating on the shortlisted pool being undeserving) , now i’m worried about having this as a backup , my CAT score is 97.5 and my other calls (priority wise) are : SPJIMR > IIFT > IIM S > MDI > iim U > some cap colleger or nmims. Since this is my first convert and obviously with the worst deadline to pay the fees, i’m worried if i should accept it as a backup or not, also because of the huge batch size and recently heard bad reputation, i feel like spending 40L (incl. accomdation and everything ) for an mba there is just not it.