param - supreme; bhāvam - the status; bhagavataḥ - of the Personality of Godhead; bhagavan - O Supreme Lord; mām - me; ajānatīm - not knowing; moktum arhasi - please release; viśva - of the universe; ātman - O soul; prapannām - surrendered; bhakta - to Your devotees; vatsala - O You who are compassionate.

My Lord, please release me. O soul of the universe, I didn’t understand Your position as the Supreme Godhead, but now I have surrendered unto You, and You are always kind to Your devotees.