samāśritā ye pada-pallava-plavaḿ
mahat-padaḿ puṇya-yaśo murāreḥ
bhavāmbudhir vatsa-padaḿ paraḿ padaḿ
padaḿ padaḿ yad vipadāḿ na teṣām
samasritah -- having taken shelter; ye -- those who; pada -- of the feet; pallava -- like flower buds; plavam -- which are a boat; mahat -- of the total material creation, or of the great souls; padam -- the shelter; punya -- supremely pious; yasah -- whose fame; mura-areh -- of the enemy of the demon Mura; bhava -- of the material existence; ambudhih -- the ocean; vatsa-padam -- the hoof-print of a calf; param padam -- the supreme abode, Vaikuntha; padam padam -- at every step; yat -- where; vipadam -- of material miseries; na -- none; tesham -- for them.
This translation is taken from Srila Prabhupada's commentary on the Bhagavad-gita As It Is, Chapter Two, Text 51.
According to Srila Sridhara Svami, this verse summarizes the knowledge presented in this section of the Srimad-Bhagavatam. Lord Krishna's lotus feet are described as pallava, flower buds, because they are most tender and of a pinkish hue. According to Srila Sanatana Gosvami, the word pallava also indicates that Lord Krishna's lotus feet are just like desire trees, which can fulfill all the desires of the Lord's pure devotees. Even exalted devotees like Sri Narada, who are themselves the great shelter for the conditioned souls in this universe, personally take shelter of the lotus feet of Lord Sri Krishna. Thus it is natural that when Lord Krishna manifested Himself as all the young boys and calves of Vrindavana, their parents were more attracted to them than previously. Lord Krishna is the reservoir of all pleasure and, being all-attractive, the ultimate object of everyone's love.