Hello @Ali Akbar Qureshi , Sorry for the inconvenience caused in this matter.
As we are aware of this update, as mentioned by the product Team,
IoT Hub will be updating the underlying infrastructure and will go through an internal service update. This update will improve the availability, reliability, and security of the service. The update will change the underlying DNS record for IoT Hub resulting in a change of IP address. The work will be performed in phases across Azure regions beginning July 15, 2021 and conclude approximately on August 30, 2021. We expect that most Azure IoT Hub customers will NOT be impacted; however, customers may be impacted if they explicitly took a dependency on the assigned IP address of your IoT Hub instance.
Posted a blog post, just FYI.
Please visit the documentation on : IoT Hub IP Addresses Best Practices
Limitations and workarounds
IoT Hub IP filter feature has a limit of 100 rules. This limit and can be raised via requests through Azure Customer Support.
Your configured IP filtering rules are only applied on your IoT Hub IP endpoints and not on your IoT hub's built-in Event Hub endpoint. If you also require IP filtering to be applied on the Event Hub where your messages are stored, you may do so bringing your own Event Hub resource where you can configure your desired IP filtering rules directly. To do so, you need to provision your own Event Hub resource and set up message routing to send your messages to that resource instead of your IoT Hub's built-in Event Hub. Finally, as discussed in the table above, to enable message routing functionality you also need to allow connectivity from IoT Hub's IP address prefixes to your provisioned Event Hub resource.
When routing to a storage account, allowing traffic from IoT Hub's IP address prefixes is only possible when the storage account is in a different region as your IoT Hub.
Please comment in the below section for further discussion and we would be happy to help you further in this matter.