Parag,
i had similar scores myself, though i took the MCAT twice like some others.  24 MCAT and a 3.65 GPA...not sure what my science GPA was, but i think around 3.8.  at any rate, i had my applications in as early as possible, primaries in mid-July and secondaries in as soon as i received them.
also, i've always been involved in as much extra activities as possible...shadowing DO's, TAing, SGA, doing undergrad research, etc. and i was accepted at both LECOM and PCOM...i'm going to PCOM.  i didn't apply to any MD schools b/c i was positive i wanted to go DO.    
however, like Bluejay said, i know it was my interviews that clinched my acceptances.  you have to go in and show (honestly, of course) that you have a sincere and passionate desire to learn and practice medicine.  in my case, i was also well prepared to explain why i was drawn to osteopathy over allopathy.  
so overall Parag, i would say you have a good chance.  if you're just now applying, start getting everything in NOW!  remember, the earlier the better.  hope this helps.  GOOD LUCK!!
Scott