Now a day’s sheet metal working processes are widely used in almost all industries like automotive, defense, mechanical industries. Also, sheet metal working processes are predominantly used as various reasons not only for industrial purpose but also utilized for commercial purpose as well. For that many people are working in developing the new trends using their innovative ideas. Especially indie design, many die sets are made for different functions such as progressive die, compound die, etc. This project is also based on a new design of die punch. The main aim of this project is to design a new die with interchangeable punches also reduce the weight of the material by means of changing the material of die set. The project mainly focuses on different operations done on single die set in a single stroke of the press, presently these operations are done separately in five steps which include four drills and one plasma cutting. These operations are leading to reduce the production rate and increasing the cycle time with cost as well. As per our new die set, this should constantly eliminate the loss in the production time and reduce the manpower for loading and unloading of the work piece. The parts of die sets, punch and die are designed and assembled in the Creo Parametric 1.0.