om namo bhagavate tubhyam
om—O my Lord, O Supreme Personality of Godhead; namah—I offer my respectful obeisances; bhagavate—unto the Supreme Person; tubhyam—unto You; purusaya—unto the Supreme Person; maha-atmane—unto the Supreme Soul, or the Supersoul; haraye—unto the Lord, who vanquishes all the miseries of devotees; adbhuta-simhaya—unto Your wonderful lionlike form as Nrsimhadeva; brahmane—unto the Supreme Brahman; parama-atmane—unto the Supreme Soul.
O my Lord, full of six opulences, O Supreme Person! O Supreme Soul, killer of all miseries! O Supreme Person in the form of a wonderful lion and man, let me offer my respectful obeisances unto You.
In the previous verse Prahlada Maharaja has explained that a devotee can achieve the platform of bhagavattva, being as good as the Supreme Person, but this does not mean that the devotee loses his position as a servant. A pure servant of the Lord, although as opulent as the Lord, is still meant to offer respectful obeisances to the Lord in service. Prahlada Maharaja was engaged in pacifying the Lord, and therefore he did not consider himself equal to the Lord. He defined his position as a servant and offered respectful obeisances unto the Lord.
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