diff --git a/projects/hip/bin/hipvars.pm b/projects/hip/bin/hipvars.pm
index f1d9b39db3..5d6ee2fe3f 100644
--- a/projects/hip/bin/hipvars.pm
+++ b/projects/hip/bin/hipvars.pm
@@ -26,7 +26,7 @@ use Cwd;
 use File::Basename;
 
 $HIP_BASE_VERSION_MAJOR = "5";
-$HIP_BASE_VERSION_MINOR = "2";
+$HIP_BASE_VERSION_MINOR = "3";
 $HIP_BASE_VERSION_PATCH = "0";
 
 #---