In this paper, the severe plastic deformation method (SPD) known as constrained groove pressing (CGP) was applied to produce ultrafine-grained microstructure in IF steel sheets. In the CGP technique, samples are subjected to repetitive shear deformation under the plane strain deformation condition using the constrained grooved and flat dies. For assessment of microstructure and mechanical properties of the CGPed IF steel sheet, several testing such as: uniaxial tensile test, hardness measurements, scanning electron microscopy (SEM) and X-ray diffraction analysis have been utilized. Finally, it was observed that the grains are significantly refined after the 16-step pressing of the interstitial free (IF) steel sheets. The grains were reduced from 45µm to 243 nm after four passes.