No, IIM Indore does not have any sports quota for its IPM admissions. A candidate is shortlisted based on his/her previous academic performance, entrance (aptitude) score and interview score. The only quota in place is the conventional reservation quota (for SC, ST, OBC, PwD candidates).
One of my friends graduated from IIM Indore and according to her, there is no sports quota for admission in Integrated Programme in Management (IPM or Integrated MBA).
Eligible candidates are shortlisted for the program based on aptitude and interview scores along with conventional reservation criteria into the general and the non-general categories.
So, except for the reservation quota which includes the OBC, SC, or ST categories and a few seats for the PWD category, there is no other quota for getting admission in IPM at IIM Indore.