Praveen,
In your GeoEvent Processor's Manager, click "Inputs", "Add Input", and select "Receive Text from a UDP Socket". This connector uses a very simple network transport library that binds to the port you specify and each UDP packet received is parsed by the Text adapter. The text adapter's default settings parse the data as events separated with new-line characters so make sure you send a newline character after each event. The values should be separated by commas. You can change these values if they don't suit your needs.
If you need to parse the data with a different parser (like JSON), you will need to create a different connector in Manager (under "Site" -> "GeoEvent Processor" -> "Connectors")
Good luck!