diff --git a/distribution/iot-community/pom.xml b/distribution/iot-community/pom.xml
index 417777d..8e683dd 100644
--- a/distribution/iot-community/pom.xml
+++ b/distribution/iot-community/pom.xml
@@ -21,7 +21,7 @@
     <parent>
         <groupId>io.entgra.community.iots</groupId>
         <artifactId>distribution</artifactId>
-        <version>5.2.7-SNAPSHOT</version>
+        <version>5.3.0</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/distribution/pom.xml b/distribution/pom.xml
index 782d4a6..d505d80 100644
--- a/distribution/pom.xml
+++ b/distribution/pom.xml
@@ -22,7 +22,7 @@
     <parent>
         <groupId>io.entgra.community.iots</groupId>
         <artifactId>io.entgra.community.iots.parent</artifactId>
-        <version>5.2.7-SNAPSHOT</version>
+        <version>5.3.0</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/integration-test/pom.xml b/integration-test/pom.xml
index 3ed76b3..83f7a2a 100644
--- a/integration-test/pom.xml
+++ b/integration-test/pom.xml
@@ -22,7 +22,7 @@
     <parent>
         <groupId>io.entgra.community.iots</groupId>
         <artifactId>io.entgra.community.iots.parent</artifactId>
-        <version>5.2.7-SNAPSHOT</version>
+        <version>5.3.0</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/iot-core/pom.xml b/iot-core/pom.xml
index 119b449..6e168de 100644
--- a/iot-core/pom.xml
+++ b/iot-core/pom.xml
@@ -21,7 +21,7 @@
     <parent>
         <groupId>io.entgra.community.iots</groupId>
         <artifactId>io.entgra.community.iots.parent</artifactId>
-        <version>5.2.7-SNAPSHOT</version>
+        <version>5.3.0</version>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>
diff --git a/p2-profile/pom.xml b/p2-profile/pom.xml
index f21106e..fe091ca 100644
--- a/p2-profile/pom.xml
+++ b/p2-profile/pom.xml
@@ -22,7 +22,7 @@
     <parent>
         <groupId>io.entgra.community.iots</groupId>
         <artifactId>io.entgra.community.iots.parent</artifactId>
-        <version>5.2.7-SNAPSHOT</version>
+        <version>5.3.0</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/pom.xml b/pom.xml
index 29c0925..5b1ae74 100644
--- a/pom.xml
+++ b/pom.xml
@@ -23,7 +23,7 @@
     <groupId>io.entgra.community.iots</groupId>
     <artifactId>io.entgra.community.iots.parent</artifactId>
     <packaging>pom</packaging>
-    <version>5.2.7-SNAPSHOT</version>
+    <version>5.3.0</version>
     <name>Entgra Community Product - Parent</name>
     <url>http://entgra.io</url>
     <description>Entgra Community Product</description>
@@ -344,7 +344,7 @@
         <url>https://repository.entgra.net/community/product-iots-community.git</url>
         <developerConnection>scm:git:https://repository.entgra.net/community/product-iots-community.git</developerConnection>
         <connection>scm:git:https://repository.entgra.net/community/product-iots-community.git</connection>
-        <tag>HEAD</tag>
+        <tag>v5.3.0</tag>
     </scm>
 
     <build>