Jaiviray / Jai Viyaraya Sutra is a Jain prayer in praise of Bhagwan Mahavira, recited mainly as a raksha-stotra (protective prayer) and for spiritual progress.

Below is the common form (as on JainKnowledge) and its simple meaning:

Prakrit / Sanskritized text (main lines)

1. Jaya viyarāya! jaga-guru! hou mamam tuha pabhāvao bhayavaṁ,

bhava-nivveo maggāṇusāriā itthaphala-siddhi.

1. Loga-viruddha-ccāo, guru-jana-puā, parattha-karaṇam ca,

suha-guru-jogo tavvayana-sevanā ā-bhavam akhaṇḍā.

1. Vārjjai jai vi niyāṇa-bandhanaṁ, viyarāya! tuha samaye,

tahā vi mama hujja sevā, bhave bhave tumha calanāṇaṁ.

1. Dukkha-kkhāo, kamma-kkhāo, samahi-maraṇaṁ ca bohi-labho a,

sampajjau mah’ eaṁ, tuhaṇāha! paṇāma-karaṇeṇaṁ.

1. Sarva maṅgala māṅgalyaṁ, sarva kalyāṇa kāraṇam,

pradhānaṁ sarva dharmāṇāṁ, jainam jayati śāsanam.

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Simple meaning (arth)

1. Prayer for right path and liberation

“O Vitaraga Lord Mahavira, Teacher of the world! By your grace may I develop: - disgust for the endless cycle of birth and death, - firm walking on the right path, - and attainment of the highest spiritual fruit (moksha).”

1. Prayer for pure conduct and sadguru’s company

“May I always: - give up all wrong, harmful and impure actions, - respect gurus and elders, - work for the good of others, - and throughout all future lives remain in the company and service of the true spiritual teacher (sadguru).”

1. Prayer for lifelong seva of the Lord’s path

“O Passionless Lord! In your doctrine, asking worldly favours is not proper, yet I pray only this: - may I get the chance to serve your feet (your path and your sangh) in every birth again and again.”

1. Four special blessings requested

“By bowing to you, O Lord, may these four be fulfilled: 1) destruction of all sorrows, 2) destruction of karmas, 3) attainment of samadhi-maran (peaceful, awareness-filled holy death), 4) attainment of the true spiritual wealth of right faith, right knowledge and right conduct.”

1. Glory of Jain dharma

“May the Jain śāsan (teaching of the Jinas) triumph – which is: - the most auspicious among all that is auspicious, - the cause of all true spiritual welfare, - the foremost among all religions.”

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Essence

• It is not a sectarian sutra; it is accepted in both Śvetāmbara and Digambara traditions as a devotional stotra to Mahavira, though recitation style may differ slightly.
• Its core message is:

- develop vairagya (detachment), - stay with sadguru and satsang, - destroy karmas and sorrow, - aspire for samadhi-maran and moksha, - and let the Jain śāsan always remain victorious.

You can see the sutra text and meaning here