LIC's listing is set to be India's biggest ever IPO, with the government aiming to raise up to 900 billion rupees ($12.2 billion) from selling a stake.
SEBI has also capped the number of shares anchor investors can sell at 50% of their investments after a lock-in of 30 days.
Paytm made its stock market debut on Thursday.
Zostel filed a petition in August with the Delhi High Court to stop Oyo from changing its shareholder structure, including through an IPO.
Freshworks co-founder Girish Mathrubootham described the listing as an 'incredibly proud moment' as 'Freshworks is the first SaaS company from India to go public in the US.'
The listing of LIC is set to be India's biggest ever IPO, with the government aiming to raise Rs 800 billion-900 billion from its stake sale.
Paytm's IPO plan comes at a time when several first-generation homegrown startups in India prepare to go public on domestic bourses.
Earlier this week, Zomato had received markets regulator Sebi's go-ahead for the initial public offer.
The companies are expecting to benefit from an equity market which is flush with liquidity and has seen a sharp increase in new retail investors.
The three-day public issue would conclude on March 18 and the bidding for anchor investors would open on March 15.