Cold drawing process is one of the most used metals forming processes in industries for formingseamless tubes. This process of plastic deformation of metals occurs below the recrystallization temperature and isgenerally performed at room temperature. When metal is cold worked, upon the release of forming force, thespringback occurs. In this paper, the springback effect of the seamless tube that has undergone cold drawing isstudied for three different reduction ratios viz. 10-15 %, 15-20 %, and 20-25 % having the aim to reduce it. Experiments are conducted under different reduction ratios with working conditions of die semi angles of 10 and15 degrees, die land width of 5 mm and 10 mm as well as drawing speed of 4, 6, and 8 m/min for C-45 tubematerial. Optimum reduction ratio is finalized using Statistical Package for Social Science (SPSS) software of dataanalysis using statistical tests like Kruskal-Wallis, ANOVA, Post-hoc, etc. Metallurgical analysis throughmicrostructural investigation, XRD and mechanical testing via cold draw load, and hardness testing for differentreduction ratios are also studied for validation purposes. The results of this research show that 10-15 % reductionratio yields the minimum springback. This can be used to help designing tools in the metal forming industry tominimize springback and improve the quality of the product.