diff --git a/.releaserc b/.releaserc
index 8a758ed30a6..0bb28ca441a 100644
--- a/.releaserc
+++ b/.releaserc
@@ -1,5 +1,5 @@
 {
-	"branches": ["version-13"],
+	"branches": ["version-16"],
 	"plugins": [
 		"@semantic-release/commit-analyzer", {
 			"preset": "angular",
@@ -21,4 +21,4 @@
 		],
 		"@semantic-release/github"
 	]
-}
\ No newline at end of file
+}
diff --git a/erpnext/__init__.py b/erpnext/__init__.py
index a6dc7a8c72b..b5ded4ee0fa 100644
--- a/erpnext/__init__.py
+++ b/erpnext/__init__.py
@@ -6,7 +6,7 @@ import frappe
 from frappe.model.document import Document
 from frappe.utils.user import is_website_user
 
-__version__ = "16.0.0"
+__version__ = "16.3.0"
 
 
 def get_default_company(user=None):
diff --git a/erpnext/public/js/utils/demo.js b/erpnext/public/js/utils/demo.js
index db15834ae95..e0da8985e9b 100644
--- a/erpnext/public/js/utils/demo.js
+++ b/erpnext/public/js/utils/demo.js
@@ -28,4 +28,4 @@ erpnext.demo.clear_demo = function () {
 			},
 		});
 	});
-};
+};
\ No newline at end of file