diff --git a/charts/signoz/README.md b/charts/signoz/README.md
index b6425ca6..990a4564 100644
--- a/charts/signoz/README.md
+++ b/charts/signoz/README.md
@@ -195,7 +195,7 @@ The following table lists the configurable parameters of the `signoz` chart and
 | `otelCollector.name`                     | Otel Collector component name                                           | `otel-collector`                  |
 | `otelCollector.image.registry`           | Otel Collector image registry name                                      | `docker.io`                       |
 | `otelCollector.image.repository`         | Container image name                                                    | `signoz/signoz-otel-collector`    |
-| `otelCollector.image.tag`                | Container image tag                                                     | `0.102.6`                         |
+| `otelCollector.image.tag`                | Container image tag                                                     | `0.102.7`                         |
 | `otelCollector.image.pullPolicy`         | Container pull policy                                                   | `IfNotPresent`                    |
 | `otelCollector.replicaCount`             | Number of otel-collector nodes                                          | `1`                               |
 | `otelCollector.service.type`             | Otel Collector service type                                             | `ClusterIP`                       |
@@ -235,7 +235,7 @@ The following table lists the configurable parameters of the `signoz` chart and
 | `otelCollectorMetrics.name`              | Otel Collector Metrics component name                                   | `otel-collector-metrics`          |
 | `otelCollectorMetrics.image.registry`    | Otel Collector Metrics image registry name                              | `docker.io`                       |
 | `otelCollectorMetrics.image.repository`  | Container image name                                                    | `signoz/signoz-otel-collector`    |
-| `otelCollectorMetrics.image.tag`         | Container image tag                                                     | `0.102.6`                         |
+| `otelCollectorMetrics.image.tag`         | Container image tag                                                     | `0.102.7`                         |
 | `otelCollectorMetrics.image.pullPolicy`  | Container pull policy                                                   | `IfNotPresent`                    |
 | `otelCollectorMetrics.replicaCount`      | Number of otel-collector-metrics nodes                                  | `1`                               |
 | `otelCollectorMetrics.service.type`         | Otel Collector service type                                          | `ClusterIP`                       |
diff --git a/charts/signoz/values.yaml b/charts/signoz/values.yaml
index f93e81a0..3772861d 100644
--- a/charts/signoz/values.yaml
+++ b/charts/signoz/values.yaml
@@ -1267,7 +1267,7 @@ schemaMigrator:
   image:
     registry: docker.io
     repository: signoz/signoz-schema-migrator
-    tag: 0.102.6
+    tag: 0.102.7
     pullPolicy: IfNotPresent
 
   args: {}
@@ -1383,7 +1383,7 @@ otelCollector:
   image:
     registry: docker.io
     repository: signoz/signoz-otel-collector
-    tag: 0.102.6
+    tag: 0.102.7
     pullPolicy: IfNotPresent
 
   # -- Image Registry Secret Names for OtelCollector
@@ -2010,7 +2010,7 @@ otelCollectorMetrics:
   image:
     registry: docker.io
     repository: signoz/signoz-otel-collector
-    tag: 0.102.6
+    tag: 0.102.7
     pullPolicy: IfNotPresent
 
   # -- Image Registry Secret Names for OtelCollector