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Hey,
You should not skip giving GMAT. you have a good years of experience which will be well considered in GMAT than CAT.
There is no harm giving both.
GMAT is much easy than CAT and in case you plan to study abroad that option is also open for you.
There are Ex MBA courses which will give your work ex more good placements and package after you perform well in GMAT and do a one year course.
All the best1
Attempting IIM after working for 5 years and is it worth it? Well, that depends on a lot of factors. For some people it might be worth it and for some it might not be so
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