diff --git a/.gitignore b/.gitignore
index fbb42aa..c07199e 100644
--- a/.gitignore
+++ b/.gitignore
@@ -476,3 +476,4 @@ network-manager-applet-0.8.1.tar.bz2
 /NetworkManager-1.51.7.tar.xz
 /NetworkManager-1.51.90.tar.xz
 /NetworkManager-1.52.0.tar.xz
+/NetworkManager-1.53.1.tar.xz
diff --git a/NetworkManager.spec b/NetworkManager.spec
index c90a815..eec625f 100644
--- a/NetworkManager.spec
+++ b/NetworkManager.spec
@@ -4,8 +4,8 @@
 %global glib2_version %(pkg-config --modversion glib-2.0 2>/dev/null || echo bad)
 
 %global epoch_version 1
-%global real_version 1.52.0
-%global git_tag_version_suffix %{nil}
+%global real_version 1.53.1
+%global git_tag_version_suffix -dev
 %global rpm_version %{real_version}
 %global release_version 1
 %global snapshot %{nil}
@@ -765,6 +765,11 @@ rm -f %{buildroot}%{_libdir}/*.la
 rm -f %{buildroot}%{_libdir}/pppd/%{ppp_version}/*.la
 rm -f %{buildroot}%{nmplugindir}/*.la
 
+# Don't use the *-initrd.service files yet, wait dracut to support them
+rm -f %{buildroot}%{_unitdir}/NetworkManager-config-initrd.service
+rm -f %{buildroot}%{_unitdir}/NetworkManager-initrd.service
+rm -f %{buildroot}%{_unitdir}/NetworkManager-wait-online-initrd.service
+
 # Ensure the documentation timestamps are constant to avoid multilib conflicts
 find %{buildroot}%{_datadir}/gtk-doc -exec touch --reference meson.build '{}' \+
 
@@ -1081,6 +1086,10 @@ fi
 
 
 %changelog
+* Mon Mar 03 2025 Íñigo Huguet <ihuguet@redhat.com> - 1:1.53.1-1
+- Update to 1.53.1 (dev)
+- Fix MTCP endpoints creation order (RHEL-80487)
+
 * Mon Mar 03 2025 Íñigo Huguet <ihuguet@redhat.com> - 1:1.52.0-1
 - Update to 1.52.0
 - Add support for creating VLANs for secondary VNICs in nm-cloud-setup (RHEL-36423)
diff --git a/sources b/sources
index 6b4731d..5820f68 100644
--- a/sources
+++ b/sources
@@ -1 +1 @@
-SHA512 (NetworkManager-1.52.0.tar.xz) = 5a9e4273ef8b3a3bc9b9e15b7876e140c4accefd7d6143dfc6732b5ea62e6333838156338adcb8808b626586e0fe546bec2215a7e8e629560ce01c2e690bbffb
+SHA512 (NetworkManager-1.53.1.tar.xz) = f4ae5d417181b7af0aac2c8189cf5b41b6c6e3c34015d451bf953c24dcd97a30c4e3655aa2af7289c05c2201f320834856b853ad886437b09bc38da290d84921