The verse is a prayer invoking auspiciousness and blessings from Lord Vishnu. Here is the meaning: Mangalam Bhagwan Vishnuh - Auspiciousness to Lord Vishnu, Mangalam Garunadhwajah - Auspiciousness to Him who has Garuda (the eagle) on His banner, Mangalam Pundari Kakshah - Auspiciousness to Him who has lotus-like eyes, Mangalaya Tano Harih - Auspiciousness to Hari (another name for Vishnu), the embodiment of auspiciousness. Overall, this prayer is a salutation to Lord Vishnu, wishing for blessings, well-being, and prosperity. It highlights various attributes and symbols associated with Vishnu, invoking his divine grace and benevolence.