diff --git a/package-lock.json b/package-lock.json
index 278a5934..94c4b825 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -1,12 +1,12 @@
 {
     "name": "@axelar-network/axelar-local-dev",
-    "version": "1.0.2",
+    "version": "1.0.3",
     "lockfileVersion": 2,
     "requires": true,
     "packages": {
         "": {
             "name": "@axelar-network/axelar-local-dev",
-            "version": "1.0.2",
+            "version": "1.0.3",
             "license": "ISC",
             "dependencies": {
                 "@axelar-network/axelar-cgp-solidity": "^4.0.0",
diff --git a/package.json b/package.json
index ad4f460e..ce4fab15 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
     "name": "@axelar-network/axelar-local-dev",
-    "version": "1.0.2",
+    "version": "1.0.3",
     "description": "",
     "main": "dist/index.js",
     "scripts": {