Hello Mayuresh,
I guess when you create order ,order also need to be released, if so than you can utilize “status profiles” .
t-code: BS02
Click on status no 1 and F5 and assign business transaction “RELEASE” and set influence ‘Forbidden’ and ‘No Action’
Now click on status no 2 and F5 and assign business transaction “RELEASE” and set influence ‘Allowed’ and ‘Set’
Now assign it to your order type.now create order and try to release
Click on status info
For more restrictions assign Auth code in status profile.user can be authorized with individual Status no wise(see below).
Regards,