diff --git a/archetypes/carbon-bundle-archetype/pom.xml b/archetypes/carbon-bundle-archetype/pom.xml
index 3e2fe0d8c45..35699215d90 100644
--- a/archetypes/carbon-bundle-archetype/pom.xml
+++ b/archetypes/carbon-bundle-archetype/pom.xml
@@ -20,7 +20,7 @@
     <parent>
         <groupId>org.wso2.carbon</groupId>
         <artifactId>org.wso2.carbon.archetypes</artifactId>
-        <version>5.2.19-SNAPSHOT</version>
+        <version>5.3.0-alpha</version>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>
diff --git a/archetypes/carbon-component-archetype/pom.xml b/archetypes/carbon-component-archetype/pom.xml
index 930c3157451..1c703ce89f8 100644
--- a/archetypes/carbon-component-archetype/pom.xml
+++ b/archetypes/carbon-component-archetype/pom.xml
@@ -20,7 +20,7 @@
     <parent>
         <groupId>org.wso2.carbon</groupId>
         <artifactId>org.wso2.carbon.archetypes</artifactId>
-        <version>5.2.19-SNAPSHOT</version>
+        <version>5.3.0-alpha</version>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>
diff --git a/archetypes/pom.xml b/archetypes/pom.xml
index f65fd545648..f9115e147a3 100644
--- a/archetypes/pom.xml
+++ b/archetypes/pom.xml
@@ -19,7 +19,7 @@
     <parent>
         <groupId>org.wso2.carbon</groupId>
         <artifactId>carbon-kernel-parent</artifactId>
-        <version>5.2.19-SNAPSHOT</version>
+        <version>5.3.0-alpha</version>
         <relativePath>../parent/pom.xml</relativePath>
     </parent>
 
diff --git a/core/pom.xml b/core/pom.xml
index c4e15d195b9..28fcb88fbe0 100644
--- a/core/pom.xml
+++ b/core/pom.xml
@@ -20,13 +20,13 @@
     <parent>
         <groupId>org.wso2.carbon</groupId>
         <artifactId>carbon-kernel-parent</artifactId>
-        <version>5.2.19-SNAPSHOT</version>
+        <version>5.3.0-alpha</version>
         <relativePath>../parent/pom.xml</relativePath>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>
     <artifactId>org.wso2.carbon.core</artifactId>
-    <version>5.2.19-SNAPSHOT</version>
+    <version>5.3.0-alpha</version>
     <packaging>bundle</packaging>
     <name>WSO2 Carbon Kernel - Core</name>
     <description>
diff --git a/distribution/pom.xml b/distribution/pom.xml
index 455e0e177e9..330511710dc 100644
--- a/distribution/pom.xml
+++ b/distribution/pom.xml
@@ -19,7 +19,7 @@
     <parent>
         <groupId>org.wso2.carbon</groupId>
         <artifactId>carbon-kernel-parent</artifactId>
-        <version>5.2.19-SNAPSHOT</version>
+        <version>5.3.0-alpha</version>
         <relativePath>../parent/pom.xml</relativePath>
     </parent>
 
diff --git a/features/org.wso2.carbon.osgi.feature/pom.xml b/features/org.wso2.carbon.osgi.feature/pom.xml
index b360d00daee..63be3d7fcc2 100644
--- a/features/org.wso2.carbon.osgi.feature/pom.xml
+++ b/features/org.wso2.carbon.osgi.feature/pom.xml
@@ -19,7 +19,7 @@
     <parent>
         <groupId>org.wso2.carbon</groupId>
         <artifactId>carbon-kernel-features</artifactId>
-        <version>5.2.19-SNAPSHOT</version>
+        <version>5.3.0-alpha</version>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>
diff --git a/features/org.wso2.carbon.runtime.feature/pom.xml b/features/org.wso2.carbon.runtime.feature/pom.xml
index 77a556dce40..bfc69d507ec 100644
--- a/features/org.wso2.carbon.runtime.feature/pom.xml
+++ b/features/org.wso2.carbon.runtime.feature/pom.xml
@@ -19,7 +19,7 @@
     <parent>
         <groupId>org.wso2.carbon</groupId>
         <artifactId>carbon-kernel-features</artifactId>
-        <version>5.2.19-SNAPSHOT</version>
+        <version>5.3.0-alpha</version>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>
diff --git a/features/org.wso2.carbon.server.feature/pom.xml b/features/org.wso2.carbon.server.feature/pom.xml
index f6db7d80c55..f0d213eafc5 100644
--- a/features/org.wso2.carbon.server.feature/pom.xml
+++ b/features/org.wso2.carbon.server.feature/pom.xml
@@ -19,7 +19,7 @@
     <parent>
         <groupId>org.wso2.carbon</groupId>
         <artifactId>carbon-kernel-features</artifactId>
-        <version>5.2.19-SNAPSHOT</version>
+        <version>5.3.0-alpha</version>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>
diff --git a/features/pom.xml b/features/pom.xml
index 17505f54d16..e8c89d3a640 100644
--- a/features/pom.xml
+++ b/features/pom.xml
@@ -20,7 +20,7 @@
     <parent>
         <groupId>org.wso2.carbon</groupId>
         <artifactId>carbon-kernel-parent</artifactId>
-        <version>5.2.19-SNAPSHOT</version>
+        <version>5.3.0-alpha</version>
         <relativePath>../parent/pom.xml</relativePath>
     </parent>
 
diff --git a/launcher/pom.xml b/launcher/pom.xml
index 2213f300177..e1fe750d532 100644
--- a/launcher/pom.xml
+++ b/launcher/pom.xml
@@ -20,7 +20,7 @@
     <parent>
         <groupId>org.wso2.carbon</groupId>
         <artifactId>carbon-kernel-parent</artifactId>
-        <version>5.2.19-SNAPSHOT</version>
+        <version>5.3.0-alpha</version>
         <relativePath>../parent/pom.xml</relativePath>
     </parent>
 
diff --git a/parent/pom.xml b/parent/pom.xml
index 452fd4e7a19..57a4e3c754d 100644
--- a/parent/pom.xml
+++ b/parent/pom.xml
@@ -26,7 +26,7 @@
     <groupId>org.wso2.carbon</groupId>
     <artifactId>carbon-kernel-parent</artifactId>
     <packaging>pom</packaging>
-    <version>5.2.19-SNAPSHOT</version>
+    <version>5.3.0-alpha</version>
     <name>WSO2 Carbon Kernel - Parent Pom</name>
     <description>WSO2 Carbon Kernel Parent Pom</description>
     <url>http://wso2.com</url>
@@ -696,7 +696,7 @@
         <carbon.securevault.version.range>[5.0.0, 6.0.0)</carbon.securevault.version.range>
         <carbon.touchpoint.version>1.1.0</carbon.touchpoint.version>
         <!-- Carbon platform version comes here-->
-        <carbon.kernel.version>5.2.19-SNAPSHOT</carbon.kernel.version>
+        <carbon.kernel.version>5.3.0-alpha</carbon.kernel.version>
         <carbon.kernel.package.export.version>${carbon.kernel.version}</carbon.kernel.package.export.version>
         <carbon.kernel.package.import.version.range>[5.0.0, 6.0.0)</carbon.kernel.package.import.version.range>
 
@@ -808,4 +808,8 @@
         <com.sun.xml.bind.version>2.3.0</com.sun.xml.bind.version>
         <com.sun.activation.javax.activation.version>1.2.0</com.sun.activation.javax.activation.version>
     </properties>
+
+  <scm>
+    <tag>v5.3.0-alpha</tag>
+  </scm>
 </project>
diff --git a/pax-exam-container-carbon/org.wso2.carbon.container/pom.xml b/pax-exam-container-carbon/org.wso2.carbon.container/pom.xml
index a2ba22f27f2..f9c8b22af62 100644
--- a/pax-exam-container-carbon/org.wso2.carbon.container/pom.xml
+++ b/pax-exam-container-carbon/org.wso2.carbon.container/pom.xml
@@ -19,11 +19,11 @@
     <parent>
         <groupId>org.wso2.carbon</groupId>
         <artifactId>pax-exam-container-carbon</artifactId>
-        <version>5.2.19-SNAPSHOT</version>
+        <version>5.3.0-alpha</version>
     </parent>
 
     <artifactId>org.wso2.carbon.container</artifactId>
-    <version>5.2.19-SNAPSHOT</version>
+    <version>5.3.0-alpha</version>
     <name>WSO2 Carbon Kernel - Pax Exam Container</name>
     <packaging>jar</packaging>
 
diff --git a/pax-exam-container-carbon/org.wso2.carbon.pax.exam.feature/pom.xml b/pax-exam-container-carbon/org.wso2.carbon.pax.exam.feature/pom.xml
index 9f4554e6727..a778db345c6 100644
--- a/pax-exam-container-carbon/org.wso2.carbon.pax.exam.feature/pom.xml
+++ b/pax-exam-container-carbon/org.wso2.carbon.pax.exam.feature/pom.xml
@@ -20,7 +20,7 @@
     <parent>
         <groupId>org.wso2.carbon</groupId>
         <artifactId>pax-exam-container-carbon</artifactId>
-        <version>5.2.19-SNAPSHOT</version>
+        <version>5.3.0-alpha</version>
     </parent>
 
     <artifactId>org.wso2.carbon.pax.exam.feature</artifactId>
diff --git a/pax-exam-container-carbon/pom.xml b/pax-exam-container-carbon/pom.xml
index 3547b3a893d..817538043bb 100644
--- a/pax-exam-container-carbon/pom.xml
+++ b/pax-exam-container-carbon/pom.xml
@@ -18,7 +18,7 @@
     <parent>
         <groupId>org.wso2.carbon</groupId>
         <artifactId>carbon-kernel-parent</artifactId>
-        <version>5.2.19-SNAPSHOT</version>
+        <version>5.3.0-alpha</version>
         <relativePath>../parent/pom.xml</relativePath>
     </parent>
     <modelVersion>4.0.0</modelVersion>
diff --git a/pom.xml b/pom.xml
index 7b18decd416..78239725b7e 100644
--- a/pom.xml
+++ b/pom.xml
@@ -25,7 +25,7 @@
     <groupId>org.wso2.carbon</groupId>
     <artifactId>carbon-kernel</artifactId>
     <packaging>pom</packaging>
-    <version>5.2.19-SNAPSHOT</version>
+    <version>5.3.0-alpha</version>
     <name>WSO2 Carbon Kernel - Aggregate Pom</name>
     <description>WSO2 Carbon Kernel Aggregate Pom</description>
     <url>http://wso2.com</url>
@@ -60,7 +60,7 @@
         <url>https://github.com/wso2/carbon-kernel.git</url>
         <developerConnection>scm:git:https://github.com/wso2/carbon-kernel.git</developerConnection>
         <connection>scm:git:https://github.com/wso2/carbon-kernel.git</connection>
-        <tag>HEAD</tag>
+        <tag>v5.3.0-alpha</tag>
     </scm>
 
     <build>
diff --git a/tests/coverage-report/pom.xml b/tests/coverage-report/pom.xml
index 947f9b106a7..39b1407362b 100644
--- a/tests/coverage-report/pom.xml
+++ b/tests/coverage-report/pom.xml
@@ -18,13 +18,13 @@
     <parent>
         <groupId>org.wso2.carbon</groupId>
         <artifactId>carbon-kernel-tests</artifactId>
-        <version>5.2.19-SNAPSHOT</version>
+        <version>5.3.0-alpha</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
     <modelVersion>4.0.0</modelVersion>
 
     <artifactId>carbon-kernel-coverage-reports</artifactId>
-    <version>5.2.19-SNAPSHOT</version>
+    <version>5.3.0-alpha</version>
     <name>WSO2 Carbon Kernel - Coverage Reports</name>
     <description>Coverage Report for Carbon Kernel by merging unit and osgi tests</description>
     <url>http://wso2.com</url>
diff --git a/tests/osgi-tests/pom.xml b/tests/osgi-tests/pom.xml
index c7489e34599..0e8211f8b9c 100644
--- a/tests/osgi-tests/pom.xml
+++ b/tests/osgi-tests/pom.xml
@@ -18,13 +18,13 @@
     <parent>
         <artifactId>carbon-kernel-tests</artifactId>
         <groupId>org.wso2.carbon</groupId>
-        <version>5.2.19-SNAPSHOT</version>
+        <version>5.3.0-alpha</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
     <modelVersion>4.0.0</modelVersion>
 
     <artifactId>carbon-kernel-osgi-tests</artifactId>
-    <version>5.2.19-SNAPSHOT</version>
+    <version>5.3.0-alpha</version>
     <name>WSO2 Carbon Kernel - OSGi Tests</name>
     <description>OSGi Tests for Carbon Kernel</description>
     <url>http://wso2.com</url>
@@ -165,7 +165,7 @@
         <dependency>
             <groupId>org.wso2.carbon</groupId>
             <artifactId>org.wso2.carbon.sample.transport.file</artifactId>
-            <version>5.2.19-SNAPSHOT</version>
+            <version>5.3.0-alpha</version>
             <scope>test</scope>
         </dependency>
         <dependency>
diff --git a/tests/pom.xml b/tests/pom.xml
index 71c1d7fe751..773cb4a42f0 100644
--- a/tests/pom.xml
+++ b/tests/pom.xml
@@ -18,7 +18,7 @@
     <parent>
         <groupId>org.wso2.carbon</groupId>
         <artifactId>carbon-kernel-parent</artifactId>
-        <version>5.2.19-SNAPSHOT</version>
+        <version>5.3.0-alpha</version>
         <relativePath>../parent/pom.xml</relativePath>
     </parent>
 
diff --git a/tests/test-artifacts/carbon-context-test-artifact/pom.xml b/tests/test-artifacts/carbon-context-test-artifact/pom.xml
index c228df23d86..4ab279992ca 100644
--- a/tests/test-artifacts/carbon-context-test-artifact/pom.xml
+++ b/tests/test-artifacts/carbon-context-test-artifact/pom.xml
@@ -19,7 +19,7 @@
     <parent>
         <artifactId>carbon-kernel-test-artifacts</artifactId>
         <groupId>org.wso2.carbon</groupId>
-        <version>5.2.19-SNAPSHOT</version>
+        <version>5.3.0-alpha</version>
     </parent>
     <artifactId>carbon-context-test-artifact</artifactId>
     <packaging>bundle</packaging>
diff --git a/tests/test-artifacts/carbon-touchpoint/pom.xml b/tests/test-artifacts/carbon-touchpoint/pom.xml
index 5aa5112d32f..b0b2e4f09b3 100644
--- a/tests/test-artifacts/carbon-touchpoint/pom.xml
+++ b/tests/test-artifacts/carbon-touchpoint/pom.xml
@@ -18,7 +18,7 @@
     <parent>
         <groupId>org.wso2.carbon</groupId>
         <artifactId>carbon-kernel-test-artifacts</artifactId>
-        <version>5.2.19-SNAPSHOT</version>
+        <version>5.3.0-alpha</version>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>
diff --git a/tests/test-artifacts/pom.xml b/tests/test-artifacts/pom.xml
index f00a05b130e..e89797977cd 100644
--- a/tests/test-artifacts/pom.xml
+++ b/tests/test-artifacts/pom.xml
@@ -18,7 +18,7 @@
     <parent>
         <groupId>org.wso2.carbon</groupId>
         <artifactId>carbon-kernel-tests</artifactId>
-        <version>5.2.19-SNAPSHOT</version>
+        <version>5.3.0-alpha</version>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>
diff --git a/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.datasource.mgt/pom.xml b/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.datasource.mgt/pom.xml
index 77656c96907..61f98a1e952 100644
--- a/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.datasource.mgt/pom.xml
+++ b/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.datasource.mgt/pom.xml
@@ -18,7 +18,7 @@
     <parent>
         <groupId>org.wso2.carbon</groupId>
         <artifactId>carbon-kernel-startup-resolver-test-artifacts</artifactId>
-        <version>5.2.19-SNAPSHOT</version>
+        <version>5.3.0-alpha</version>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>
diff --git a/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.dbs.deployer/pom.xml b/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.dbs.deployer/pom.xml
index 36538185fcd..6428cf5607a 100644
--- a/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.dbs.deployer/pom.xml
+++ b/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.dbs.deployer/pom.xml
@@ -18,7 +18,7 @@
     <parent>
         <groupId>org.wso2.carbon</groupId>
         <artifactId>carbon-kernel-startup-resolver-test-artifacts</artifactId>
-        <version>5.2.19-SNAPSHOT</version>
+        <version>5.3.0-alpha</version>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>
diff --git a/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.deployer.mgt/pom.xml b/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.deployer.mgt/pom.xml
index 0286514a83b..6f068d0a87c 100644
--- a/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.deployer.mgt/pom.xml
+++ b/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.deployer.mgt/pom.xml
@@ -18,7 +18,7 @@
     <parent>
         <groupId>org.wso2.carbon</groupId>
         <artifactId>carbon-kernel-startup-resolver-test-artifacts</artifactId>
-        <version>5.2.19-SNAPSHOT</version>
+        <version>5.3.0-alpha</version>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>
diff --git a/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.order.resolver/pom.xml b/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.order.resolver/pom.xml
index ee024d1ae38..2ec3c64a04d 100644
--- a/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.order.resolver/pom.xml
+++ b/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.order.resolver/pom.xml
@@ -18,7 +18,7 @@
     <parent>
         <groupId>org.wso2.carbon</groupId>
         <artifactId>carbon-kernel-startup-resolver-test-artifacts</artifactId>
-        <version>5.2.19-SNAPSHOT</version>
+        <version>5.3.0-alpha</version>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>
diff --git a/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.repository.mgt/pom.xml b/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.repository.mgt/pom.xml
index 36aaaefcce5..40967d87518 100644
--- a/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.repository.mgt/pom.xml
+++ b/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.repository.mgt/pom.xml
@@ -18,7 +18,7 @@
     <parent>
         <groupId>org.wso2.carbon</groupId>
         <artifactId>carbon-kernel-startup-resolver-test-artifacts</artifactId>
-        <version>5.2.19-SNAPSHOT</version>
+        <version>5.3.0-alpha</version>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>
diff --git a/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.runtime.bps/pom.xml b/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.runtime.bps/pom.xml
index d238bf810b8..f3b4f4d8a4e 100644
--- a/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.runtime.bps/pom.xml
+++ b/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.runtime.bps/pom.xml
@@ -18,7 +18,7 @@
     <parent>
         <groupId>org.wso2.carbon</groupId>
         <artifactId>carbon-kernel-startup-resolver-test-artifacts</artifactId>
-        <version>5.2.19-SNAPSHOT</version>
+        <version>5.3.0-alpha</version>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>
diff --git a/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.runtime.custom/pom.xml b/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.runtime.custom/pom.xml
index 876343a3e99..294f404269a 100644
--- a/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.runtime.custom/pom.xml
+++ b/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.runtime.custom/pom.xml
@@ -18,7 +18,7 @@
     <parent>
         <groupId>org.wso2.carbon</groupId>
         <artifactId>carbon-kernel-startup-resolver-test-artifacts</artifactId>
-        <version>5.2.19-SNAPSHOT</version>
+        <version>5.3.0-alpha</version>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>
diff --git a/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.runtime.jar/pom.xml b/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.runtime.jar/pom.xml
index 25394eaa6e9..46cdeee1e6c 100644
--- a/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.runtime.jar/pom.xml
+++ b/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.runtime.jar/pom.xml
@@ -18,7 +18,7 @@
     <parent>
         <groupId>org.wso2.carbon</groupId>
         <artifactId>carbon-kernel-startup-resolver-test-artifacts</artifactId>
-        <version>5.2.19-SNAPSHOT</version>
+        <version>5.3.0-alpha</version>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>
diff --git a/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.runtime.mgt/pom.xml b/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.runtime.mgt/pom.xml
index 1418323d7ad..7926f63322f 100644
--- a/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.runtime.mgt/pom.xml
+++ b/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.runtime.mgt/pom.xml
@@ -18,7 +18,7 @@
     <parent>
         <groupId>org.wso2.carbon</groupId>
         <artifactId>carbon-kernel-startup-resolver-test-artifacts</artifactId>
-        <version>5.2.19-SNAPSHOT</version>
+        <version>5.3.0-alpha</version>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>
diff --git a/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.runtime.mss/pom.xml b/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.runtime.mss/pom.xml
index dd27f0087cc..88e95a104db 100644
--- a/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.runtime.mss/pom.xml
+++ b/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.runtime.mss/pom.xml
@@ -18,7 +18,7 @@
     <parent>
         <groupId>org.wso2.carbon</groupId>
         <artifactId>carbon-kernel-startup-resolver-test-artifacts</artifactId>
-        <version>5.2.19-SNAPSHOT</version>
+        <version>5.3.0-alpha</version>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>
diff --git a/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.runtime.service/pom.xml b/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.runtime.service/pom.xml
index cefb551ad58..58af4e62469 100644
--- a/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.runtime.service/pom.xml
+++ b/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.runtime.service/pom.xml
@@ -20,7 +20,7 @@
     <parent>
         <groupId>org.wso2.carbon</groupId>
         <artifactId>carbon-kernel-startup-resolver-test-artifacts</artifactId>
-        <version>5.2.19-SNAPSHOT</version>
+        <version>5.3.0-alpha</version>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>
diff --git a/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.runtime.webapp/pom.xml b/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.runtime.webapp/pom.xml
index d81625baa42..ad788e01ae6 100644
--- a/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.runtime.webapp/pom.xml
+++ b/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.runtime.webapp/pom.xml
@@ -18,7 +18,7 @@
     <parent>
         <groupId>org.wso2.carbon</groupId>
         <artifactId>carbon-kernel-startup-resolver-test-artifacts</artifactId>
-        <version>5.2.19-SNAPSHOT</version>
+        <version>5.3.0-alpha</version>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>
diff --git a/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.transport.custom/pom.xml b/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.transport.custom/pom.xml
index c9300935501..87634b7781f 100644
--- a/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.transport.custom/pom.xml
+++ b/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.transport.custom/pom.xml
@@ -18,7 +18,7 @@
     <parent>
         <groupId>org.wso2.carbon</groupId>
         <artifactId>carbon-kernel-startup-resolver-test-artifacts</artifactId>
-        <version>5.2.19-SNAPSHOT</version>
+        <version>5.3.0-alpha</version>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>
diff --git a/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.transport.custom2/pom.xml b/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.transport.custom2/pom.xml
index 76a99a1a831..428a26cc4f4 100644
--- a/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.transport.custom2/pom.xml
+++ b/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.transport.custom2/pom.xml
@@ -18,7 +18,7 @@
     <parent>
         <groupId>org.wso2.carbon</groupId>
         <artifactId>carbon-kernel-startup-resolver-test-artifacts</artifactId>
-        <version>5.2.19-SNAPSHOT</version>
+        <version>5.3.0-alpha</version>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>
diff --git a/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.transport.file/pom.xml b/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.transport.file/pom.xml
index 6749938fff7..63600eed744 100644
--- a/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.transport.file/pom.xml
+++ b/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.transport.file/pom.xml
@@ -18,7 +18,7 @@
     <parent>
         <groupId>org.wso2.carbon</groupId>
         <artifactId>carbon-kernel-startup-resolver-test-artifacts</artifactId>
-        <version>5.2.19-SNAPSHOT</version>
+        <version>5.3.0-alpha</version>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>
diff --git a/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.transport.ftp/pom.xml b/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.transport.ftp/pom.xml
index a2493deba61..131bc14e082 100644
--- a/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.transport.ftp/pom.xml
+++ b/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.transport.ftp/pom.xml
@@ -23,7 +23,7 @@
     <parent>
         <groupId>org.wso2.carbon</groupId>
         <artifactId>carbon-kernel-startup-resolver-test-artifacts</artifactId>
-        <version>5.2.19-SNAPSHOT</version>
+        <version>5.3.0-alpha</version>
     </parent>
 
     <artifactId>org.wso2.carbon.sample.transport.ftp</artifactId>
diff --git a/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.transport.http/pom.xml b/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.transport.http/pom.xml
index 876f997d43a..f79386e4f76 100644
--- a/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.transport.http/pom.xml
+++ b/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.transport.http/pom.xml
@@ -18,7 +18,7 @@
     <parent>
         <groupId>org.wso2.carbon</groupId>
         <artifactId>carbon-kernel-startup-resolver-test-artifacts</artifactId>
-        <version>5.2.19-SNAPSHOT</version>
+        <version>5.3.0-alpha</version>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>
diff --git a/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.transport.jetty/pom.xml b/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.transport.jetty/pom.xml
index d9c32933619..dd8b7fffbd6 100644
--- a/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.transport.jetty/pom.xml
+++ b/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.transport.jetty/pom.xml
@@ -18,7 +18,7 @@
     <parent>
         <groupId>org.wso2.carbon</groupId>
         <artifactId>carbon-kernel-startup-resolver-test-artifacts</artifactId>
-        <version>5.2.19-SNAPSHOT</version>
+        <version>5.3.0-alpha</version>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>
diff --git a/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.transport.jms/pom.xml b/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.transport.jms/pom.xml
index addbb5112f4..ad0e4f282f6 100644
--- a/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.transport.jms/pom.xml
+++ b/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.transport.jms/pom.xml
@@ -18,7 +18,7 @@
     <parent>
         <groupId>org.wso2.carbon</groupId>
         <artifactId>carbon-kernel-startup-resolver-test-artifacts</artifactId>
-        <version>5.2.19-SNAPSHOT</version>
+        <version>5.3.0-alpha</version>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>
diff --git a/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.transport.mgt/pom.xml b/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.transport.mgt/pom.xml
index bf94b82f5e5..02b20c53af3 100644
--- a/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.transport.mgt/pom.xml
+++ b/tests/test-artifacts/startup-coordination/org.wso2.carbon.sample.transport.mgt/pom.xml
@@ -18,7 +18,7 @@
     <parent>
         <groupId>org.wso2.carbon</groupId>
         <artifactId>carbon-kernel-startup-resolver-test-artifacts</artifactId>
-        <version>5.2.19-SNAPSHOT</version>
+        <version>5.3.0-alpha</version>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>
diff --git a/tests/test-artifacts/startup-coordination/pom.xml b/tests/test-artifacts/startup-coordination/pom.xml
index 564d0e0c68a..ea007c38a35 100644
--- a/tests/test-artifacts/startup-coordination/pom.xml
+++ b/tests/test-artifacts/startup-coordination/pom.xml
@@ -18,7 +18,7 @@
     <parent>
         <groupId>org.wso2.carbon</groupId>
         <artifactId>carbon-kernel-test-artifacts</artifactId>
-        <version>5.2.19-SNAPSHOT</version>
+        <version>5.3.0-alpha</version>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>
diff --git a/tests/test-carbon-touchpoint-distribution/pom.xml b/tests/test-carbon-touchpoint-distribution/pom.xml
index b50ca96fa68..71688596856 100644
--- a/tests/test-carbon-touchpoint-distribution/pom.xml
+++ b/tests/test-carbon-touchpoint-distribution/pom.xml
@@ -19,7 +19,7 @@
     <parent>
         <groupId>org.wso2.carbon</groupId>
         <artifactId>carbon-kernel-tests</artifactId>
-        <version>5.2.19-SNAPSHOT</version>
+        <version>5.3.0-alpha</version>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>
diff --git a/tests/test-distribution/pom.xml b/tests/test-distribution/pom.xml
index 9acf6be48b9..12c912d5400 100644
--- a/tests/test-distribution/pom.xml
+++ b/tests/test-distribution/pom.xml
@@ -19,7 +19,7 @@
     <parent>
         <groupId>org.wso2.carbon</groupId>
         <artifactId>carbon-kernel-tests</artifactId>
-        <version>5.2.19-SNAPSHOT</version>
+        <version>5.3.0-alpha</version>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>
diff --git a/tools/pom.xml b/tools/pom.xml
index 74c4e97e10b..141a7812627 100644
--- a/tools/pom.xml
+++ b/tools/pom.xml
@@ -18,13 +18,13 @@
     <parent>
         <groupId>org.wso2.carbon</groupId>
         <artifactId>carbon-kernel-parent</artifactId>
-        <version>5.2.19-SNAPSHOT</version>
+        <version>5.3.0-alpha</version>
         <relativePath>../parent/pom.xml</relativePath>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>
     <artifactId>org.wso2.carbon.tools</artifactId>
-    <version>5.2.19-SNAPSHOT</version>
+    <version>5.3.0-alpha</version>
     <packaging>pom</packaging>
     <name>WSO2 Carbon Kernel - Tools</name>
     <description>WSO2 Carbon Kernel Tools Parent Pom</description>
diff --git a/tools/tool-test-artifact/pom.xml b/tools/tool-test-artifact/pom.xml
index 091f83f6744..c353af1717f 100644
--- a/tools/tool-test-artifact/pom.xml
+++ b/tools/tool-test-artifact/pom.xml
@@ -18,7 +18,7 @@
     <parent>
         <artifactId>org.wso2.carbon.tools</artifactId>
         <groupId>org.wso2.carbon</groupId>
-        <version>5.2.19-SNAPSHOT</version>
+        <version>5.3.0-alpha</version>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>
diff --git a/tools/tools-core/pom.xml b/tools/tools-core/pom.xml
index e3fb432c51f..73aa813340d 100644
--- a/tools/tools-core/pom.xml
+++ b/tools/tools-core/pom.xml
@@ -18,7 +18,7 @@
     <parent>
         <artifactId>org.wso2.carbon.tools</artifactId>
         <groupId>org.wso2.carbon</groupId>
-        <version>5.2.19-SNAPSHOT</version>
+        <version>5.3.0-alpha</version>
     </parent>
 
     <modelVersion>4.0.0</modelVersion>