Hi Akshay,

Thanks for your valuable feedback, I cheked once again the contacting results between both ring & wire by both the methods you mentioned and still there seems to be no changes in the results. Also I review all the results in true scale.

As we see in the pictures attached there is no contact between these thus the resultant deformation and forces are very different to that of as expected. Please do help me resilve this issue. Also by any means can I attach my workbench file for your review? 

Thanks in advance.