Hi Vishnu,
What you are seeing is normal. Event Hubs is a multi-tenant service. The IP address of your namespace is used by multiple customers.
When an incoming request comes in the frontend checks if the intended namespace allows the source IP/Network and if not, denies the request with unauthorized message. Additionally, the request needs to be authenticated and authorized for the target namespace.
Excerpt from documentation:
The IP firewall rules are applied at the Event Hubs namespace level. Therefore, the rules apply to all connections from clients using any supported protocol. Any connection attempt from an IP address that doesn't match an allowed IP rule on the Event Hubs namespace is rejected as unauthorized. The response doesn't mention the IP rule. IP filter rules are applied in order, and the first rule that matches the IP address determines the accept or reject action.
Please click Accept Answer and upvote if the above was helpful.
Thanks.
-TP