diff --git a/kareldb-core/pom.xml b/kareldb-core/pom.xml
index fc6f3d9e..cd63c29b 100644
--- a/kareldb-core/pom.xml
+++ b/kareldb-core/pom.xml
@@ -20,11 +20,11 @@ limitations under the License.
     <parent>
         <groupId>io.kareldb</groupId>
         <artifactId>kareldb-parent</artifactId>
-        <version>1.0.2-SNAPSHOT</version>
+        <version>1.0.3</version>
     </parent>
 
     <artifactId>kareldb-core</artifactId>
-    <version>1.0.2-SNAPSHOT</version>
+    <version>1.0.3</version>
     <packaging>jar</packaging>
 
     <properties>
diff --git a/kareldb-server/pom.xml b/kareldb-server/pom.xml
index c220edca..166bde64 100644
--- a/kareldb-server/pom.xml
+++ b/kareldb-server/pom.xml
@@ -20,11 +20,11 @@ limitations under the License.
     <parent>
         <groupId>io.kareldb</groupId>
         <artifactId>kareldb-parent</artifactId>
-        <version>1.0.2-SNAPSHOT</version>
+        <version>1.0.3</version>
     </parent>
 
     <artifactId>kareldb-server</artifactId>
-    <version>1.0.2-SNAPSHOT</version>
+    <version>1.0.3</version>
     <packaging>jar</packaging>
 
     <properties>
diff --git a/pom.xml b/pom.xml
index 999b2189..08cb6c68 100644
--- a/pom.xml
+++ b/pom.xml
@@ -20,7 +20,7 @@ limitations under the License.
 
     <groupId>io.kareldb</groupId>
     <artifactId>kareldb-parent</artifactId>
-    <version>1.0.2-SNAPSHOT</version>
+    <version>1.0.3</version>
     <packaging>pom</packaging>
 
     <name>kareldb</name>
@@ -44,7 +44,7 @@ limitations under the License.
         <connection>scm:git:git://github.com:rayokota/kareldb.git</connection>
         <developerConnection>scm:git:git@github.com:rayokota/kareldb.git</developerConnection>
         <url>git@github.com:rayokota/kareldb.git</url>
-        <tag>head</tag>
+        <tag>kareldb-parent-1.0.3</tag>
     </scm>
 
     <modules>