From https://www.kernel.org/doc/Documentation/networking/ip-sysctl.txt:
ip_local_reserved_ports - list of comma separated ranges
Specify the ports which are reserved for known third-party
applications. These ports will not be used by automatic port
assignments (e.g. when calling connect() or bind() with port
number 0). Explicit port allocation behavior is unchanged.
The format used for both input and output is a comma separated
list of ranges (e.g. "1,2-4,10-10" for ports 1, 2, 3, 4 and
10). Writing to the file will clear all previously reserved
ports and update the current list with the one given in the
input.
Note that ip_local_port_range and ip_local_reserved_ports
settings are independent and both are considered by the kernel
when determining which ports are available for automatic port
assignments.
You can reserve ports which are not in the current
ip_local_port_range, e.g.:
$ cat /proc/sys/net/ipv4/ip_local_port_range
32000 60999
$ cat /proc/sys/net/ipv4/ip_local_reserved_ports
8080,9148
although this is redundant. However such a setting is useful
if later the port range is changed to a value that will
include the reserved ports.
Default: Empty
So, I wanted to know if there is a way around this restriction?
I suggest you to use a different port, or else your system may become unstable for a system service may be using a port in that reserved range.
Is there a way to circumvent this restriction? Or somehow force the kernel to take into account my changes?
Since you rooted your device you can try sysctl
. These links may help: Android Edit Sysctl Settings and https://forum.xda-developers.com/showthread.php?t=1470125.