Hello @Satish Kumar,
welcome to this moderated Azure community forum.
On 10 February 2025 there was an outage on Azure around 19:00 UTC. This included the West-Europe region.
Perhaps your devices encountered this issue too?
Can you reset the devices that are not connected yet?
If not, create an Azure support ticket so the support team can take a look at the backend.
Notice that the same 400027 error can also related to failing device-to-cloud twin operations (such as read or patch reported properties) or direct method invocations.
If the response helped, do "Accept Answer". If it doesn't work, please let us know the progress. All community members with similar issues will benefit by doing so. Your contribution is highly appreciated.