For a effective management and easy tool integration of CAD database, Hierarchy interface System(HIS) was designed and GROCO(Graph Representation fOr Complex Objects) Model was presented in another my paper[10]. Hierarchy Interface System which is composed of two subsystems of a configurator and a converter is designed for the interface between a conventional database management system and CAD tools. In this paper, Version Management System is presented for supporting effective operations of HIS using GROCO model. Version Management System supports efficiently CAD database charaters having a hierarchical structure of composite objects. In Version Management System, A design evolves in discrete states through mutation and derivation for going phases of design giving rise to multiple versions. Operations and rules are provided transition between their different states. and for controlling update propagation and preventing version proliferation. Version Modeling Graph is proposed for dealing with versioning at the instance and type levels.