diff --git a/helm-charts/Chart.yaml b/helm-charts/Chart.yaml
index 0eb9f5baf..a39da8aeb 100644
--- a/helm-charts/Chart.yaml
+++ b/helm-charts/Chart.yaml
@@ -2,7 +2,7 @@ apiVersion: v2
 name: apk-helm
 description: A Helm chart for APK components
 type: application
-version: 1.2.0-m1
+version: 1.2.0-alpha
 appVersion: "1.16.0"
 dependencies:
   - name: postgresql
diff --git a/helm-charts/values.yaml b/helm-charts/values.yaml
index ee5009966..24806b067 100644
--- a/helm-charts/values.yaml
+++ b/helm-charts/values.yaml
@@ -94,7 +94,7 @@ wso2:
           strategy: RollingUpdate
           replicas: 1
           imagePullPolicy: Always
-          image: wso2/apk-config-deployer-service:latest
+          image: wso2/apk-config-deployer-service:1.2.0-alpha
         # debug: true
           # configs:
           #   tls:
@@ -121,7 +121,7 @@ wso2:
           strategy: RollingUpdate
           replicas: 1
           imagePullPolicy: Always
-          image: wso2/apk-adapter:latest
+          image: wso2/apk-adapter:1.2.0-alpha
           security:
             sslHostname: "adapter"
           logging:
@@ -155,7 +155,7 @@ wso2:
           strategy: RollingUpdate
           replicas: 1
           imagePullPolicy: Always
-          image: wso2/apk-common-controller:latest
+          image: wso2/apk-common-controller:1.2.0-alpha
           security:
             sslHostname: "commoncontroller"
           # configs:
@@ -182,7 +182,7 @@ wso2:
           strategy: RollingUpdate
           replicas: 1
           imagePullPolicy: Always
-          image: wso2/apk-ratelimiter:latest
+          image: wso2/apk-ratelimiter:1.2.0-alpha
           security:
             sslHostname: "ratelimiter"
           # configs:
@@ -212,7 +212,7 @@ wso2:
               failureThreshold: 5
             strategy: RollingUpdate
             imagePullPolicy: Always
-            image: wso2/apk-router:latest
+            image: wso2/apk-router:1.2.0-alpha
             # configs:
             #   tls:
             #     secretName: "router-cert"
@@ -243,7 +243,7 @@ wso2:
               failureThreshold: 5
             strategy: RollingUpdate
             imagePullPolicy: Always
-            image: wso2/apk-enforcer:latest
+            image: wso2/apk-enforcer:1.2.0-alpha
             security:
               sslHostname: "enforcer"
 #            logging:
@@ -316,7 +316,7 @@ idp:
       strategy: RollingUpdate
       replicas: 1
       imagePullPolicy: Always
-      image: wso2/apk-idp-domain-service:latest
+      image: wso2/apk-idp-domain-service:1.2.0-alpha
   idpui:
     deployment:
       resources:
@@ -337,7 +337,7 @@ idp:
       strategy: RollingUpdate
       replicas: 1
       imagePullPolicy: Always
-      image: wso2/apk-idp-ui:latest
+      image: wso2/apk-idp-ui:1.2.0-alpha
     configs:
       idpLoginUrl: "https://idp.am.wso2.com:9095/commonauth/login"
       idpAuthCallBackUrl: "https://idp.am.wso2.com:9095/oauth2/auth-callback"