Abstract: Deep drawing is popular sheet metal forming process. Deep drawing process is the most common metal forming process frequently used in automobile industry, the packaging industry and the house hold appliances industry to manufacture products with more complicated shapes and curvatures. Any metal that can be processed into sheet form by a rolling process should be sufficiently ductile to be capable of deep drawing. Both hot and cold rolled sheet products are used in deep drawing processes. The basic theories governing the deep drawing are based on application of theory of plasticity to the deep drawing process. It is very difficult to apply these theories and arrive at a general solution which can handle any arbitrary geometry. The idea of finite element analysis is to find the solution of complicated problem in relatively easy way. The finite element analysis has been a powerful tool for the numerical solution of a wide range of engineering problem. There are some possible failures likely occur during the process, like wrinkling, necking, scratching and surface defects. As thinner materials tend to be used in automotive industry, wrinkling has become the most important problem among the other defects. The study also aims to investigate wrinkling and its prevention. For this purpose, the commercial finite element analysis code Explicit Dynamic FEM model will be used