Development of Optical Character Recognition (OCR) for printed Roman script is still an active area of research.Automatic Style Identification (ASI) can be used to improve the performance of OCR system and keyword spotting techniques for printed Roman script. This paper proposes a two stage font invariant technique for detection of italic, bold, underlined, normal and all capital styled words for printed Roman script. In the first stage, the technique separates the underlined words from non-underlined words. In the second stage, a 25-element feature set has been extracted from the non-underlined words to identify the other said styled words which are evaluated using multiple classifiers. The technique has been tested on 2100 words printed in five well-known fonts namely, Arial, Cambria, Calibri, Gill Sans, and Times New Roman in which each of the font contributes exactly about 420 words. Based on the identification accuracies of multiple classifiers, Multi Layer Perceptron (MLP) classifier has been chosen as the final classifier which was tested comprehensively using different folds and with different number of epochs. Overall accuracy of the system is found to be 98.25% using 3-fold cross validation scheme.