For minimizing wall thickness thinning of circular shells, a new stamping technology, the deep draw-ing process combined with ironing is approached and investigated. The design requirements for the deep drawing shells are to keep the optimum wall thickness with max. 10 percent thickness thinning of the initial blank thickness, to make uniform thickness strain distribution for the wall of circular shell and to improve the shape accuracy for the roundness and concentricity. In order to check the validity and effectiveness of proposed work, a sample process design is applied to a circular shell needed for a 4multi-stepped deep drawing. Through experiments, the variations of the thickness strain distribution in each drawing process are observed. Also a series of experiments are performed to investigate optimum process variables such as the geometry of tooling, radius and drawing rate. In particular, the advantage of current approach with ironing is shown in contrast to the conventional deep drawing process. From the results of proposed method, the optimum value of process variables are obtained, which contribute more uniform thickness strain distribution and better quality in the drawn product.