diff --git a/modules/components/org.wso2.iot.core.admin.styles/pom.xml b/modules/components/org.wso2.iot.core.admin.styles/pom.xml
index 261f9567..a602be6e 100644
--- a/modules/components/org.wso2.iot.core.admin.styles/pom.xml
+++ b/modules/components/org.wso2.iot.core.admin.styles/pom.xml
@@ -21,7 +21,7 @@
     <parent>
         <groupId>org.wso2.iot</groupId>
         <artifactId>wso2iot-components</artifactId>
-        <version>3.1.0-update12-SNAPSHOT</version>
+        <version>3.2.0</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/components/pom.xml b/modules/components/pom.xml
index be7a43b4..624dc834 100644
--- a/modules/components/pom.xml
+++ b/modules/components/pom.xml
@@ -23,7 +23,7 @@
     <parent>
         <groupId>org.wso2.iot</groupId>
         <artifactId>wso2iot-parent</artifactId>
-        <version>3.1.0-update12-SNAPSHOT</version>
+        <version>3.2.0</version>
         <relativePath>../../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/distribution/pom.xml b/modules/distribution/pom.xml
index 819f9aff..597a3c30 100644
--- a/modules/distribution/pom.xml
+++ b/modules/distribution/pom.xml
@@ -22,7 +22,7 @@
 	<parent>
 		<groupId>org.wso2.iot</groupId>
 		<artifactId>wso2iot-parent</artifactId>
-		<version>3.1.0-update12-SNAPSHOT</version>
+		<version>3.2.0</version>
 		<relativePath>../../pom.xml</relativePath>
 	</parent>
 
diff --git a/modules/features/org.wso2.iot.core.styles.feature/pom.xml b/modules/features/org.wso2.iot.core.styles.feature/pom.xml
index acc502b7..dda3d883 100644
--- a/modules/features/org.wso2.iot.core.styles.feature/pom.xml
+++ b/modules/features/org.wso2.iot.core.styles.feature/pom.xml
@@ -22,7 +22,7 @@
     <parent>
         <groupId>org.wso2.iot</groupId>
         <artifactId>wso2iot-features</artifactId>
-        <version>3.1.0-update12-SNAPSHOT</version>
+        <version>3.2.0</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/features/pom.xml b/modules/features/pom.xml
index dba15050..0ed7a393 100644
--- a/modules/features/pom.xml
+++ b/modules/features/pom.xml
@@ -23,7 +23,7 @@
     <parent>
         <groupId>org.wso2.iot</groupId>
         <artifactId>wso2iot-parent</artifactId>
-        <version>3.1.0-update12-SNAPSHOT</version>
+        <version>3.2.0</version>
         <relativePath>../../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/integration/pom.xml b/modules/integration/pom.xml
index 1e40efb0..b2b52588 100644
--- a/modules/integration/pom.xml
+++ b/modules/integration/pom.xml
@@ -21,7 +21,7 @@
     <parent>
         <groupId>org.wso2.iot</groupId>
         <artifactId>wso2iot-parent</artifactId>
-        <version>3.1.0-update12-SNAPSHOT</version>
+        <version>3.2.0</version>
         <relativePath>../../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/integration/tests-common/integration-common/pom.xml b/modules/integration/tests-common/integration-common/pom.xml
index b92ac8db..9407fb92 100644
--- a/modules/integration/tests-common/integration-common/pom.xml
+++ b/modules/integration/tests-common/integration-common/pom.xml
@@ -22,7 +22,7 @@
     <parent>
         <groupId>org.wso2.iot</groupId>
         <artifactId>tests-common</artifactId>
-        <version>3.1.0-update12-SNAPSHOT</version>
+        <version>3.2.0</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/integration/tests-common/pom.xml b/modules/integration/tests-common/pom.xml
index b4b39c58..e2877770 100644
--- a/modules/integration/tests-common/pom.xml
+++ b/modules/integration/tests-common/pom.xml
@@ -21,7 +21,7 @@
     <parent>
         <groupId>org.wso2.iot</groupId>
         <artifactId>wso2iot-integration</artifactId>
-        <version>3.1.0-update12-SNAPSHOT</version>
+        <version>3.2.0</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/integration/tests-common/web-ui-pages/pom.xml b/modules/integration/tests-common/web-ui-pages/pom.xml
index c0560af0..46256008 100644
--- a/modules/integration/tests-common/web-ui-pages/pom.xml
+++ b/modules/integration/tests-common/web-ui-pages/pom.xml
@@ -22,7 +22,7 @@
     <parent>
         <groupId>org.wso2.iot</groupId>
         <artifactId>tests-common</artifactId>
-        <version>3.1.0-update12-SNAPSHOT</version>
+        <version>3.2.0</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/integration/tests-integration/pom.xml b/modules/integration/tests-integration/pom.xml
index 429e0601..fe605f65 100644
--- a/modules/integration/tests-integration/pom.xml
+++ b/modules/integration/tests-integration/pom.xml
@@ -20,7 +20,7 @@
     <parent>
         <groupId>org.wso2.iot</groupId>
         <artifactId>wso2iot-integration</artifactId>
-        <version>3.1.0-update12-SNAPSHOT</version>
+        <version>3.2.0</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/integration/tests-iot-web-ui/pom.xml b/modules/integration/tests-iot-web-ui/pom.xml
index 157e527d..35a01f9f 100644
--- a/modules/integration/tests-iot-web-ui/pom.xml
+++ b/modules/integration/tests-iot-web-ui/pom.xml
@@ -20,7 +20,7 @@
     <parent>
         <groupId>org.wso2.iot</groupId>
         <artifactId>wso2iot-integration</artifactId>
-        <version>3.1.0-update12-SNAPSHOT</version>
+        <version>3.2.0</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/p2-profile/analytics-profile/pom.xml b/modules/p2-profile/analytics-profile/pom.xml
index 79b90565..449a09b8 100644
--- a/modules/p2-profile/analytics-profile/pom.xml
+++ b/modules/p2-profile/analytics-profile/pom.xml
@@ -21,7 +21,7 @@
     <parent>
         <groupId>org.wso2.iot</groupId>
         <artifactId>wso2iot-p2-profile</artifactId>
-        <version>3.1.0-update12-SNAPSHOT</version>
+        <version>3.2.0</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/p2-profile/broker-profile/pom.xml b/modules/p2-profile/broker-profile/pom.xml
index c622c991..ccc13bcb 100644
--- a/modules/p2-profile/broker-profile/pom.xml
+++ b/modules/p2-profile/broker-profile/pom.xml
@@ -20,7 +20,7 @@
     <parent>
         <groupId>org.wso2.iot</groupId>
         <artifactId>wso2iot-p2-profile</artifactId>
-        <version>3.1.0-update12-SNAPSHOT</version>
+        <version>3.2.0</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/p2-profile/iot-core-profile/pom.xml b/modules/p2-profile/iot-core-profile/pom.xml
index d8c695b7..705514ce 100644
--- a/modules/p2-profile/iot-core-profile/pom.xml
+++ b/modules/p2-profile/iot-core-profile/pom.xml
@@ -22,7 +22,7 @@
     <parent>
         <groupId>org.wso2.iot</groupId>
         <artifactId>wso2iot-p2-profile</artifactId>
-        <version>3.1.0-update12-SNAPSHOT</version>
+        <version>3.2.0</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/p2-profile/pom.xml b/modules/p2-profile/pom.xml
index 7076f3d8..743e6291 100644
--- a/modules/p2-profile/pom.xml
+++ b/modules/p2-profile/pom.xml
@@ -23,7 +23,7 @@
     <parent>
         <groupId>org.wso2.iot</groupId>
         <artifactId>wso2iot-parent</artifactId>
-        <version>3.1.0-update12-SNAPSHOT</version>
+        <version>3.2.0</version>
         <relativePath>../../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/scripts/mobile-qsg/pom.xml b/modules/scripts/mobile-qsg/pom.xml
index f1dcbfb7..00137c66 100644
--- a/modules/scripts/mobile-qsg/pom.xml
+++ b/modules/scripts/mobile-qsg/pom.xml
@@ -21,13 +21,13 @@
     <parent>
         <groupId>org.wso2.iot</groupId>
         <artifactId>wso2iot-scripts</artifactId>
-        <version>3.1.0-update12-SNAPSHOT</version>
+        <version>3.2.0</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>
     <artifactId>mobile-qsg</artifactId>
-    <version>3.1.0-update12-SNAPSHOT</version>
+    <version>3.2.0</version>
     <name>WSO2 IoT - QSG Script</name>
     <description>This includes the tools for IoTs Quick Start Guide</description>
     <packaging>jar</packaging>
diff --git a/modules/scripts/pom.xml b/modules/scripts/pom.xml
index da20a5e1..04271008 100644
--- a/modules/scripts/pom.xml
+++ b/modules/scripts/pom.xml
@@ -21,7 +21,7 @@
     <parent>
         <groupId>org.wso2.iot</groupId>
         <artifactId>wso2iot-parent</artifactId>
-        <version>3.1.0-update12-SNAPSHOT</version>
+        <version>3.2.0</version>
         <relativePath>../../pom.xml</relativePath>
     </parent>
 
diff --git a/modules/tools/cdmf-devicetype-archetype/pom.xml b/modules/tools/cdmf-devicetype-archetype/pom.xml
index 7421d85f..500c5109 100644
--- a/modules/tools/cdmf-devicetype-archetype/pom.xml
+++ b/modules/tools/cdmf-devicetype-archetype/pom.xml
@@ -20,13 +20,13 @@
     <parent>
         <groupId>org.wso2.iot</groupId>
         <artifactId>wso2iot-tools</artifactId>
-        <version>3.1.0-update12-SNAPSHOT</version>
+        <version>3.2.0</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>
     <artifactId>iot-devicetype-archetype</artifactId>
-    <version>3.1.0-update12-SNAPSHOT</version>
+    <version>3.2.0</version>
     <name>WSO2 IoT - Device Type Archetype</name>
     <description>WSO2 IoT Device Type Archetype</description>
     <packaging>maven-archetype</packaging>
diff --git a/modules/tools/pom.xml b/modules/tools/pom.xml
index b4deb7ed..fb34e428 100644
--- a/modules/tools/pom.xml
+++ b/modules/tools/pom.xml
@@ -21,7 +21,7 @@
     <parent>
         <groupId>org.wso2.iot</groupId>
         <artifactId>wso2iot-parent</artifactId>
-        <version>3.1.0-update12-SNAPSHOT</version>
+        <version>3.2.0</version>
         <relativePath>../../pom.xml</relativePath>
     </parent>
 
diff --git a/pom.xml b/pom.xml
index d57b2eae..469154b6 100644
--- a/pom.xml
+++ b/pom.xml
@@ -17,15 +17,13 @@
   ~ under the License.
   -->
 
-<project xmlns="http://maven.apache.org/POM/4.0.0"
-         xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"
-         xsi:schemaLocation="http://maven.apache.org/POM/4.0.0 http://maven.apache.org/maven-v4_0_0.xsd">
+<project xmlns="http://maven.apache.org/POM/4.0.0" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://maven.apache.org/POM/4.0.0 http://maven.apache.org/maven-v4_0_0.xsd">
 
     <modelVersion>4.0.0</modelVersion>
     <groupId>org.wso2.iot</groupId>
     <artifactId>wso2iot-parent</artifactId>
     <packaging>pom</packaging>
-    <version>3.1.0-update12-SNAPSHOT</version>
+    <version>3.2.0</version>
     <name>WSO2 IoT - Parent</name>
     <url>http://wso2.org</url>
     <description>WSO2 IoT Server</description>
@@ -1676,7 +1674,7 @@
         <url>https://github.com/wso2/product-iots.git</url>
         <developerConnection>scm:git:https://github.com/wso2/product-iots.git</developerConnection>
         <connection>scm:git:https://github.com/wso2/product-iots.git</connection>
-        <tag>HEAD</tag>
+        <tag>v3.2.0-RC1</tag>
     </scm>
 
     <build>