Yes, .NET doesn't support this as far as I'm aware.
My Noda Time project does, but only partially: it can parse the value, but the value is just parsed to midnight at the start of the next day, and is never formatted as 24:00. There's nothing in the Noda Time conceptual model to represent "the end of the day".
Sample code to show what's possible:
using System;
using NodaTime;
using NodaTime.Text;
class Test
{
static void Main()
{
string text = "2007-04-05T24:00";
var pattern = LocalDateTimePattern.CreateWithInvariantCulture
("yyyy-MM-dd'T'HH:mm");
var dateTime = pattern.Parse(text).Value;
Console.WriteLine(pattern.Format(dateTime)); // 2007-04-06T00:00
}
}
If you don't mind losing the difference between inputs of "2007-04-05T24:00" and "2007-04-05T00:00" then you're probably okay.