Hi Swetha,

I think it's fine if GK has done the testing on 1.5, you should use
1.5.0.1 because it has some fixes mentioned in this mail.

http://tinyurl.com/3azet33

More detail about the bug that has been fixed can be found here
http://mifosforge.jira.com/browse/MIFOS/fixforversion/10251

Everything else remains same as 1.5.

Also refer to 
http://www.mifos.org/developers/knowledge/support/deploying-mifos/upgradeto15
if you haven't already.

The upgrade script is here
http://mifos.svn.sourceforge.net/viewvc/mifos/branches/v1.5.x/application/src/main/sql/upgrade_to_237_conditional.sql?revision=17203

Regards,
Udai

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