Abstract: Floating-point arithmetic plays major role in computer systems. Many of the digital signal processing applications use floating-point algorithms for execution of the floating-point computations and every operating system is answerable practically for floating-point special cases like underflow and overflow. The single precision floating point arithmetic operations are multiplication, division, addition and subtraction among all these multiplication is extensively used and involves composite arithmetic functions. The single precision (32-bit) floating point number split into three parts, Sign part, and Exponent part and Mantissa part. The most significant bit of the number is a sign bit and it is a 1-bit length. Next 8-bits represent the exponent part of the number and next 23-bits represent the mantissa part of the number. Mantissa part needs large 24-bit multiplication. The performance of the single-precision floating point number mostly based on the occupied area and delay of the multiplier. In this paper, a novel approach for single-precision floating multiplier is developed by using Urdhva Tiryagbhyam technique and different adders to decrease the complexity of mantissa multiplication. This requires less hardware for multiplication compared to that conventional multipliers and used different regular adders like carry select, carry skip adders and parallel prefix adders for exponent addition. Further, the performance parameters comparison was done in terms of area and delay. All modules are coded by using Verilog HDL and simulated with Xilinx ISE tool.