Process to create Hotspot on laptop or wi-fi enabled PC's

Run Command Prompt in Admin mode :

Use command prompt and type the following command for first time only.
netsh wlan set hostednetwork mode=allow ssid=name key=password
where ssid is the wifi name.
key is the password of wifi.

To start :
netsh wlan start hostednetwork

To stop :
netsh wlan stop hostednetwork