diff --git a/projects/hipblas-common/CMakeLists.txt b/projects/hipblas-common/CMakeLists.txt
index d29b4affd82..4a22ebb0b51 100644
--- a/projects/hipblas-common/CMakeLists.txt
+++ b/projects/hipblas-common/CMakeLists.txt
@@ -2,7 +2,7 @@
 # SPDX-License-Identifier: MIT
 
 cmake_minimum_required(VERSION 3.11)
-project(hipblas-common VERSION 1.2.0 LANGUAGES CXX)
+project(hipblas-common LANGUAGES CXX)
 
 list(APPEND CMAKE_MODULE_PATH "${CMAKE_CURRENT_SOURCE_DIR}/cmake")
 
@@ -10,6 +10,9 @@ include(dependencies)
 include(GNUInstallDirs)
 include(CMakePackageConfigHelpers)
 
+set(VERSION_STRING "1.3.0")
+rocm_setup_version(VERSION ${VERSION_STRING})
+
 if(CMAKE_INSTALL_PREFIX_INITIALIZED_TO_DEFAULT)
     if(WIN32)
         set(CMAKE_INSTALL_PREFIX "C:/hipSDK" CACHE PATH "Install path prefix" FORCE)
@@ -51,9 +54,6 @@ set(HIPBLAS_CONFIG_DIR "\${CPACK_PACKAGING_INSTALL_PREFIX}/${CMAKE_INSTALL_LIBDI
 set(CPACK_RESOURCE_FILE_LICENSE "${CMAKE_CURRENT_SOURCE_DIR}/LICENSE.md")
 set(CPACK_RPM_PACKAGE_LICENSE "MIT")
 
-set(VERSION_STRING "1.3.0")
-rocm_setup_version(VERSION ${PROJECT_VERSION})
-
 rocm_create_package(
     NAME hipblas-common
     DESCRIPTION "Common files for hipBLAS libraries"