diff --git a/modules/distribution/src/assembly/filter.properties b/modules/distribution/src/assembly/filter.properties
index c1ed547deab..938a781fffd 100644
--- a/modules/distribution/src/assembly/filter.properties
+++ b/modules/distribution/src/assembly/filter.properties
@@ -1,6 +1,6 @@
 product.name=WSO2 Identity Server
 product.key=IS
-product.version=5.3.0-SNAPSHOT
+product.version=5.3.0
 hotdeployment=true
 hotupdate=true
 default.server.role=IdentityServer
diff --git a/modules/p2-profile-gen/carbon.product b/modules/p2-profile-gen/carbon.product
index 1b1d4d68414..f5771879733 100644
--- a/modules/p2-profile-gen/carbon.product
+++ b/modules/p2-profile-gen/carbon.product
@@ -2,7 +2,7 @@
 <?pde version="3.5"?>
 
 <product name="Carbon Product" uid="carbon.product.id" id="carbon.product" application="carbon.application"
-version="5.3.0.SNAPSHOT" useFeatures="true" includeLaunchers="true">
+version="5.3.0" useFeatures="true" includeLaunchers="true">
 
    <configIni use="default">
    </configIni>