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Hello Mudit,
The last year cutoff to get a call for the PI+Extempore round was 98.54. However, be aware of the fact that cutoffs vary every year. And, talking about the academics, FMS doesn't base its shortlisting on your past academic scores, however, you must meet the eligibility criteria.
The eligibility criteria is as stated below:the eligibility criteria is as follows: Candidates applying for admission to the MBA programme must have pursued at least a Bachelor's Degree programme after twelve years of formal schooling with at least 50% marks at the graduation level (SC/ST: Passing Marks; OBC/PWD/CW: 45% as per the University Rules) or equivalent CGPA. Candidates appearing for the final year examination of Bachelor's Degree may also apply.Note: As per the existing University Rules, the candidates belonging to PWD/CW are eligible for a relaxation of 5 per cent marks in the minimum eligibility requirements. SC/ST candidates are required to have passed the qualifying degree examination. The candidates belonging to OBC category are eligible for relaxation in the minimum eligibility to the extent of 10% of the minimum eligibility marks/qualifying marks prescribed for general category. University of Delhi rules are applicable for reservation of other categories.Candidates appearing in the final year examination of Bachelor's Degree are eligible to apply for admission irrespective of their percentage of scores obtained till the time of application, provided that they expect to fulfill the eligibility criteria when their results are declared and which must be submitted to the FMS office at the time of admission to the programme.

Visit http://med.stanford.edu/md-admissions/how-to-apply.html
Application Process and Timeline:
The School seeks candidates who want to move the fields of medicine and biomedical sciences forward, whose past accomplishments show evidence for originality, creativity and a capacity for independent, critical thinking, who are academically ready to succeed at Stanford and whose personal qualities will serve them well in our profession.
The following resources and application materials are required as part of the admissions process for the entering class of 2016. Please refer to the timeline for details regarding notification of different admissions decisions.
1. Step 1: AMCAS Application
Application to Stanford University School of Medicine must be made through the American Medical College Application Service.
A. Medical College Admissions Test (MCAT)
Your test scores are sent automatically to the medical schools that you have designated. The MCAT must be taken within a four-year period measured from the time you take the test to the point of intended matriculation.
B. Letters of Recommendation
All letters of recommendation must be submitted through the AMCAS Letters Service.
We request at least three but no more than six complete letters of recommendation from persons who know you well enough to evaluate your scholarly potential and promise as a physician and to describe your personal qualities. Professors, instructors, thesis advisors or supervisors of special projects, clinical, volunteer or employment activities usually provide the most informative evaluations. These letters may be accompanied by an undergraduate school's premedical committee evaluation.
Stanford MD Application Website
Beginning in early July, the Stanford MD Application Website will be available for you to monitor our receipt of your AMCAS application, Stanford Supplemental Application, letters of evaluation and fee. If your information does not appear in the website, we have not yet received your application from AMCAS.
2. Step 2: Stanford Supplemental Application
Once we receive your AMCAS application, you will receive an e-mail from the Office of MD Admissions inviting you to submit a Stanford Supplemental Application. All applicants will be invited to submit a Stanford Supplemental Application.
Invitations will be accompanied by directions for completing the Supplemental Application. We strongly suggest that you complete it as soon.