diff --git a/roles/appsmith/defaults/main.yml b/roles/appsmith/defaults/main.yml
index efd894c..599a5b0 100644
--- a/roles/appsmith/defaults/main.yml
+++ b/roles/appsmith/defaults/main.yml
@@ -1,11 +1,11 @@
 ---
 
 # Version to deploy
-appsmith_version: 1.5.1
+appsmith_version: 1.5.3
 # URL of the source archive
 appsmith_archive_url: https://github.com/appsmithorg/appsmith/archive/v{{ appsmith_version }}.tar.gz
 # sha1sum of the archive
-appsmith_archive_sha1: 7cc8ba3b3a95320469e9f4422dff13d133ce5e57
+appsmith_archive_sha1: aa9f39e62f70c46d0c80a5a82b35ddfe6a88d1de
 
 # Root directory where appsmith will be installed
 appsmith_root_dir: /opt/appsmith
diff --git a/roles/appsmith/tasks/install.yml b/roles/appsmith/tasks/install.yml
index a75f5e1..df2ad90 100644
--- a/roles/appsmith/tasks/install.yml
+++ b/roles/appsmith/tasks/install.yml
@@ -102,7 +102,7 @@
         chdir: "{{ appsmith_root_dir }}/src/app/client"
 
     - name: Build the client
-      command: ./node_modules/.bin/craco --max-old-space-size=2048 build --config craco.build.config.js
+      command: ./node_modules/.bin/craco --max-old-space-size=3072 build --config craco.build.config.js
       args:
         chdir: "{{ appsmith_root_dir }}/src/app/client"