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I am using http://hyperledger-fabric-doc.readthedocs.io/en/latest/getting_started.html for Hyperledger Fabric setup in Ubuntu VM. As per the tutorial (fabric-samples/first-network) which have two organizations with two peers have been created. I wanted to add a new organization or new peers in already existing organizations dynamically. Kindly help me know the steps to add dynamically.

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It isn't to the point of being "dynamic" just yet. As far as the reconfiguration is concerned it is done using the 'configtxlator' tool to read the genesis block and modify it's contents, then submit it as a new transaction that updates the network/channel configuration

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